Orochi Network Raises $20M Funds to Elevate Verifiable RWA Data Systems

Sponsored
Sponsored
Orochi Network, a Verifiable Data Layer for real-world assets (RWAs), has announced that Orochi has raised an additional $8 million, bringing the total funding to $20 million. Basically, it will create and strengthen the backbone of Verifiable Data Infrastructure to drive institutional trust, open tokenization of RWA, and allow a secure, auditable enterprise system.

https://twitter.com/OrochiNetwork/status/1979114662118724021?ref_src=twsrc%5Etfw” target=”_blank” rel=”noopener nofollow

As per the strict regulations, the Digital Operational Resilience Act (DORA) commands data integrity and immutable audits. According to this, Verifiable data has become a need of the hour to check the authenticity and security of data. The demand is now expanding beyond just saying nice-to-have authenticity about the data.

Orochi Network Strengthens RWA Ecosystem with ZKP Technology

This investment, backed by MEXC Ventures, Plutus VC, Bolt Capital, Ant Labs, and a group of investors from the recent period, and grants from the Ethereum Foundation. Orochi Network provides audit-grade infrastructure using its Zero-Knowledge Proofs (ZKPs) to tokenize RWA with surety and authenticity.

Orochi Network has promised to expand its service to Vietnam and APAC for building a secure future of digital asset tokenization. Orochi Network provides technical advisory for local police makers to contribute to the RWA sandboxes. Furthermore, its alliance with Ethereum will also help to make the vision possible and things happen.

Orochi Network Champions Trusted Data Infrastructure for the Digital Economy

Orochi Network organizes Super Vietnam, along with Asia’s flagship blockchain and artificial intelligence (AI) conference, with 4 big banks and global Web3 leaders. As transparency and verification become necessary, Orochi Network is leading Verifiable Data Infrastructure to an innovative and trusted era of the digital economy.

In this project, Orochi will actively utilize its zkDatabase feature to serve as a backbone while deepening its partnership with Vietnam’s policy leaders and RWA sandboxes. Last but not least, the point is that audit-grade systems remain working to ensure data is provably authentic, protected, and easy to handle. This integration will open a new era of advancement with the adoption of stablecoin and RWA Infrastructure.

Go to Source
Author: NixCoin

kryptonew

Recent Posts

Bitcoin Hyper Launches Wallet: Could Its Testnet Make Early Investors Rich?

Pioneering layer-2, Bitcoin Hyper (HYPER) has opened its new wallet for community testing, marking another…

1 hour ago

Quant Crypto Soars 18% as QNT Charges Toward $250

Quant crypto is back in the spotlight after QNT climbed to $216, gaining 18.7% in…

4 hours ago

Bitcoin Price Rebounds Again, Peter Schiff Repeats His Crash Warnings

Bitcoin price has once again challenged Peter Schiff’s latest crash warning, after the longtime crypto…

4 hours ago

Sony Soneium Coin: PlayStation and GTA 6 Crypto Twist?

Soneium, the blockchain ecosystem associated with Sony Group’s Web3 strategy, announced plans to introduce its…

5 hours ago

BNB New Layer 1 Puts CZ’s Ecosystem Strategy in Focus as ASTER Builds Its Own Chain

Changpeng Zhao’s vision for a multi-chain crypto ecosystem is coming into sharper focus as BNB…

5 hours ago

CoinDCX Admits Deposit Sweep Failure After $16M USDT Drained From TRON Wallets

Indian cryptocurrency exchange CoinDCX has acknowledged that a failure in its deposit sweeping process caused…

14 hours ago

This website uses cookies.

Read More