The Dai Lo Announces Acquisition of Fractal Network

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 57 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The Dai Lo Announces Acquisition of Fractal Network

, which marks a pivotal moment for the future of blockchain technology and privacy innovation. After months of strategic discussions, the acquisition, completed for an undisclosed amount, positions The Dai Lo to harness Fractal’s groundbreaking ZK technology and revitalize its vision for the future.

Fractal should be part of every technology stack in DeFi, AI, and others on every chain possible. Privacy is a killer app and should be an option on every application on every chain. Fractal aims to be used everywhere” - Gary Mitchell.Earlier this year, The Dai Lo embarked on a journey to explore groundbreaking projects in the Bitcoin, UTXO, BRC20, and Runes ecosystems. Fractal stood out as a project with immense potential but lacked the momentum to realize it fully.

“It’s our belief that this project could achieve a $1 billion market cap or more,” said Gary Mitchell, The Dai Lo’s unofficial leader. “Our mission is to realize that potential and build a future where privacy is prioritized and celebrated.”): A startup veteran passionate about innovation, Mitchell brings a wealth of experience from the Ethereum, Cardano, and Solana ecosystems and will dedicate his focus entirely to Fractal.

“Privacy isn’t just a feature—it’s the foundation,” said Yeolin Han. “Fractal will empower users to decide what remains public and what stays private, revolutionizing on-chain transaction privacy.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 295. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Can Spirit Aero survive and what it means for Boeing acquisitionCan Spirit Aero survive and what it means for Boeing acquisition
Source: Investingcom - 🏆 450. / 53 Read more »

Cleveland-Cliffs widens North American lead as top flat-rolled steel producer with new acquisitionCleveland-Cliffs Inc. completed a $2.8 billion cash and stock acquisition of Stelco Holdings of Ontario
Source: clevelanddotcom - 🏆 301. / 63 Read more »

Apple will likely leverage its Pixelmator acquisition as a new subscription revenue streamJohanna 'Jojo the Techie' is a skilled mobile technology expert with over 15 years of hands-on experience, specializing in the Google ecosystem and Pixel devices. Known for her user-friendly approach, she leverages her vast tech support background to provide accessible and insightful coverage on latest technology trends.
Source: PhoneArena - 🏆 322. / 59 Read more »

Sequoia Capital to Earn $100M From Stripe’s $1.1B Acquisition of BridgeCrypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »

VIDEO: Coeur Mining to grow silver production with $1.7bn acquisition of SilvercrestNo 1 source of global mining news and opinion
Source: mining - 🏆 449. / 53 Read more »

MicroStrategy's Ambitious $42B Bitcoin Acquisition Plan Is Not Without Risks, CoinShares SaysWill Canny is a finance reporter at CoinDesk.n
Source: CoinDesk - 🏆 291. / 63 Read more »