BlockBeats News, April 30th, according to businesswire, Hong Kong Web3 startup Terminal 3 has completed an $8 million seed round of financing. This round of funding was led by Illuminate Financial and CMCC Titan Fund, with participation from Animoca Brands, Progression Fund, IDG Blockchain, and Cherubic Ventures, among others. The raised funds will be used to develop a new data privacy and security protocol and accelerate enterprise adoption of its decentralized identity and credential platform. Terminal 3 leverages technologies such as blockchain and zero-knowledge encryption to provide secure, self-sovereign data storage and access solutions for sectors such as banking and government credentials. The company has recently launched an AI agent authentication platform.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.