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PolkaCipher Secures Investment from Varys Capital on May 10, 2021

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DOT
DOT
-3.94%
According to industry sources, PolkaCipher secured a new round of funding on May 10, 2021, with Varys Capital as the lead investor.PolkaCipher is a privacy-preserving oracle network built on the Polkadot blockchain. The project aims to introduce private NFT use cases for off-chain businesses and provide seamless integration bridges for on-chain DeFi applications. As blockchain technology continues to advance rapidly, data privacy is increasingly prioritized. Through its innovative privacy protection technologies, PolkaCipher enables enterprises to safeguard data privacy while fully leveraging the benefits of blockchain.Varys Capital's investment demonstrates institutional confidence in the privacy-focused oracle sector. The funding will support PolkaCipher in further enhancing its technical infrastructure, expanding its team, and accelerating product deployment. Against the backdrop of rapid growth in NFTs and DeFi, PolkaCipher’s privacy solutions are poised for broader adoption in the future.

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DOT fundraising-history
fundraising-Roundfundraising-amountfundraising-valuationfundraising-timefundraising-investor
------2021-05-09Varys Capital
fundraising-key-milestones
  • 2021-05-10
    PolkaCipher completed a new funding round

DOT price-trend

24hour-high
$1.54
24hour-volume
$360.60K
alltime-high
$54.98
alltime-low
$1.15
market-cap--f
79.69%
fdv
$2.53B
24hour-low
$1.48
market-cap
$2.53B
circulating-s
1.67B DOT
total-supply
1.66B DOT
max-supply
2.10B DOT
market-sentim
positive
1H24H7D30D1Y
0.53%
0.13%
0.26%
23.58%
61.63%

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Polkadot to Launch Version 2.0 in October 2025
Polkadot is set to release SDK version 2509 in early October 2025, marking the production deployment of the final component of Polkadot 2.0's Elastic Scaling. This update aims to enhance network scalability. As a pioneer in blockchain interoperability, Polkadot has been dedicated to addressing communication challenges among different blockchains. With the advancement of Web3 technologies, network scalability has become a key industry focus. This upgrade will further strengthen Polkadot’s position within the decentralized ecosystem.
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Polkadot to Launch Polkadot 2.0 on September 24, 2025
Polkadot, a project focused on enabling blockchain interoperability, is scheduled to release its latest version, Polkadot 2.0, on September 24, 2025. This update will include the launch of Polkadot SDK version 2509, providing developers with more advanced tools and features. As Web3 technology continues to evolve, cross-chain solutions have become a focal point within the industry, with Polkadot playing a significant role in this area. Through ongoing technological innovation, Polkadot is committed to advancing the development of decentralized applications.
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Sub0 // SYMBIOSIS in Buenos Aires
Polkadot has announced sub0 // SYMBIOSIS, its new flagship conference, to be held in Buenos Aires from November 14 to 16. The event is described as hyper immersive, aiming to bring builders and the broader ecosystem together under one roof.
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Polkadot to Launch Polkadot Hub on October 4, 2025
Polkadot is integrating its core system services into Asset Hub, transforming into a superchain within its ecosystem: Polkadot Hub. As a key project in the Web3 sector, Polkadot is committed to providing cross-chain interoperability solutions to drive broader adoption of blockchain technology. With rising demand for decentralized applications across the industry, this initiative could further enhance Polkadot’s influence on major exchanges.
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Amara Finance Secures New Round of Funding on November 13, 2021
According to industry reports, Amara Finance completed a new round of funding on November 13, 2021. Participating investors included Waterdrip Capital, Digital Finance Group, Digital Renaissance, Chain Capital, PreAngel, BTX Capital, AngelOne, and DEC.ventures.Amara Finance is a cross-chain financial aggregator dedicated to becoming a DeFi collaboration hub connecting the Polkadot ecosystem with non-DOT environments. Its core products include: AmaraLend, a multi-chain lending protocol focused on long-tail assets; AmaraLink, a multisignature cross-chain bridge linking Polkadot and non-DOT ecosystems; and AmaraPay, an aggregation payment gateway protocol designed for rapid global response.As blockchain cross-chain technology continues to advance, demand for cross-chain financial solutions within the DeFi sector is rising. Through its innovative product suite, Amara Finance provides users with seamless cross-chain financial services and is expected to play a significant role in driving the development of the DeFi ecosystem. This latest funding will further support Amara Finance in enhancing its product capabilities, expanding market presence, and delivering high-quality cross-chain financial services to a broader user base.
DOT
-3,94%
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