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Anoma Foundation, a Swiss-based non-profit behind L1 privacy blockchain Namada, has successfully raised $25 million in a funding round. Led by CMCC Global, the round was backed by prominent investors including Electric Capital, Delphi Digital, Dialectic, KR1, Spartan, and NGC. Additionally, over 30 angel investors from the L1s, dApps, and ZK cryptographers also participated.

The funds will be used to accelerate the development of Anoma’s third-generation intent-centric blockchain architecture. This architecture includes novel primitives that bring full decentralisation to Web2.5 apps such as rollups, DEXs, and NFT marketplaces.

Charlie Morris, co-founder and managing partner of CMCC Global, expressed his confidence in Anoma’s designs and philosophy, saying: “It is refreshing to see Anoma’s designs and philosophy against the backdrop of a homogenous group of layer-1 smart contract platforms.”

In preparation for the mainnet launch, Anoma has submitted proposals to airdrop its NAM token to Zcash and Osmosis holders. Furthermore, the non-profit has proposed a grants pool and bridge to Ethereum and Cosmos.

The funds will also be used to develop tools that will drive adoption across the ecosystem. Anoma is confident that this significant backing will help bring its innovative intent-centric architecture to the market.

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