Railgun Aims for Private DeFi With $10M Backing From DCG

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Railgun Aims for Private DeFi With $10M Backing From DCG
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NEW: railgun_project is getting a shot in the arm from DCGco, which acquired and staked over $10 million of the project's $RAIL privacy token. BrandyBetz reports

The Railgun protocol has deployed on Ethereum, Binance Smart Chain and Polygon, with Solana and Polkadot launches soon to follow. Railgun has also announced plans to add non-fungible token support in the coming weeks.

The $10 million investment from DCG continues a longstanding bet on privacy applications in the transparent-by-design world of public blockchains. DCG has also backed privacy tokens Zcash and Horizen.

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