Privacy-Focused Blockchain Secret Network Announces $400M in Funding

Privacy-Focused Blockchain Secret Network Announces 0M in Funding
Data privacy-focused blockchain Secret Network has announced a new $225 million ecosystem fund and a $175 million accelerator pool, building on the recently revealed initiative called Shockwave that’s aimed at making the network a key part of Web 3.The Secret ecosystem fund will provide long-term financial and strategic support to developers and founders building on the network, SCRT Labs, the core development team behind the network, said in a blog post on Wednesday.A long list of investment partners, including Alameda Research, Arrington Capital, CoinFund and DeFiance Capital, chipped in.“The primary goal of the ecosystem fund is to ensure that every…