Too Long; Didn't Read
Secret Network, a data-privacy-focused blockchain platform, recently announced a $400 million Ecosystem Fund. The fund is part of Shockwave, a newly revealed growth initiative aimed at solidifying the network as a data privacy hub and critical pillar for Web 3. Several top-tier investment firms such as DeFiance Capital, HashKey, Alameda Research, CoinFund, and Momentum 6 have since acquired SCRT positions and become part of the Secret Network ecosystem. Secret Network claims to be the first blockchain with data privacy by default.