Sunday, June 1, 2025
  • About Web3Wire
  • Web3Wire NFTs
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Media Network
  • RSS Feed
  • Contact Us
Web3Wire
No Result
View All Result
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
No Result
View All Result
Web3Wire
No Result
View All Result
Home Blockchain

Nucleo Raises $4 Million Seed Round to Build Privacy Crypto Infrastructure for Organizations

Seed Round Led by Bain Capital Crypto and 6th Man Ventures with Participation from Leading Privacy Networks including Aztec, Aleo, and Espresso Systems

November 24, 2022
in Blockchain, Business
Reading Time: 4 mins read
5
SHARES
245
VIEWS
Share on TwitterShare on LinkedInShare on Facebook

Nucleo, the first private, non-custodial, auditable multi-sig on Ethereum that provides the privacy infrastructure required for a new wave of organizations to go on-chain, today announced the close of its $4 million seed round. The round was led by Bain Capital Crypto and 6th Man Ventures, with participation from notable leaders in privacy infrastructure and zero-knowledge cryptography including Aztec Network, Aleo and Espresso Systems.

Created in November 2021 after the loss of the ConstitutionDAO, co-founders Matthew Wyatt and Luke Newman saw a lack of infrastructure for organizations to use in the burgeoning privacy networks. Leveraging advanced multi-signature and zero-knowledge cryptography, Nucleo provides the privacy infrastructure for any organization to take advantage of improved capital allocation, formation, and distributed ownership by going Web3-native. By partnering with leading privacy networks like Aztec, Aleo, and Espresso Systems, Nucleo will encourage adoption of blockchain systems with privacy by offering non-custodial, programable, and auditability solutions.

Nucleo’s seed funding will enable the company to further expand its team and support private multi-sig integration with existing organization tools including Juicebox and Gnosis. New capabilities Nucleo intends to develop with the proceeds include private DeFi for organizations, multi-chain privacy, and innovations needed across the entire tech stack to provide greater flexibility and expressivity for using private multi-sigs.

“What started as a fun side project, quickly turned into critical technology that unlocks an entirely new design space for the future of organizations to innovate around ownership, financing, employment, rewards and more,” said Matt Wyatt, Co-Founder and Chief Executive Officer of Nucleo. “Nucleo believes private, multi-sig infrastructure is essential to this future and is focused on leveraging this technology to foster next-generation opportunities that benefit the entire ecosystem.”

“Nucleo is helping organizations move their assets on-chain through private, non-custodial and auditable multi-sig to enable improved treasury, fundraising, and business operations,” said Mike Dudas, Partner of 6th Man Ventures and Co-Founder of LinksDAO. “This is as important for Web3 as TLS/SSL was for Web1 and fills a much-needed void in crypto.”

“Organizations have been looking for a privacy solution like Nucleo to bring trust, auditability, and accountability to the blockchain,” said Stefan Cohen, Partner at Bain Capital Crypto. “Matt, Luke and the team’s proven expertise in zero-knowledge proofs and multi-signature cryptography will provide the infrastructure necessary for organizations to seamlessly and securely move on-chain, which is one of many reasons why I am excited to support them through this fundraise,” said Wei Dai, Research Partner at Bain Capital Crypto.

“We are thrilled to partner with Nucleo as they continue to develop important privacy technology utilizing the latest cutting-edge cryptography to solve a variety of new challenges that naturally arise in a nascent industry,” said Zac Williamson, Chief Executive Officer and Co-Founder of Aztec and co-inventor of PLONK.

“Nucleo was created to solve a very specific issue in crypto that was made apparent from the Constitution DAO – privacy for organizations with auditability.” said Joe Andrews, co-founder and Chief Product Officer of Aztec. “Since it started a year ago, however, the company’s use cases have expanded to help organizations shield their treasury and operations for multiple uses on-chain.”

Nucleo launches with a team of over 7 professionals with unique experience in zero-knowledge proofs, multi-signature cryptography, product development, design, and software engineering. The company is currently hiring for full-stack and security engineer roles.

To learn more about Nucleo or join the waitlist, please visit https://www.gonucleo.xyz/.

About Nucleo
Started in 2021, Nucleo is the first private, non-custodial, auditable multi-sig on Ethereum and is building the privacy infrastructure required for organizations to go on-chain. With Nucleo, online individuals, communities, and organizations can enjoy privacy while also maintaining auditability and the benefits of being web3 native.

About Web3Wire
Web3Wire – Information, news, press releases, events and research articles about Web3, Metaverse, Blockchain, Artificial Intelligence, Cryptocurrencies, Decentralized Finance, NFTs and Gaming.
Visit Web3Wire for Web3 News and Events, Block3Wire for the latest Blockchain news and Meta3Wire to stay updated with Metaverse News.
Tags: 6th Man VenturesBain Capital CryptoJoe AndrewsLinksDAOMatt WyattMike DudasNucleoStefan CohenZac Williamson
ShareTweet1ShareSendShare2
Previous Post

BetDEX Exchange Now Live on Solana Mainnet

Next Post

Curve.Finance Launches on Celo

Related Posts

Bioelectric Medicine Market May See a Big Move | Major Giants Cyberonics,NeuroPace,Medtronic

Bioelectric Medicine Market HTF MI just released the Global Bioelectric Medicine Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the...

Read moreDetails

Architectural Bim Software Market Size Analysis by Application, Type, and Region: Forecast to Architectural Bim Software

According to Market Research Intellect, the global Architectural Bim Software market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market...

Read moreDetails

Online Crypto Casinos: All iGaming Reveals the Top Sites for Crypto Gamblers in 2025

Jersey City, NJ, May 31, 2025 (GLOBE NEWSWIRE) --  - These days, the internet is flooded with crypto casinos all claiming to offer the best games, biggest bonuses, and fastest payouts. But finding a truly reputable crypto casino isn’t about luck- it’s about knowing where to look. All iGaming, a...

Read moreDetails

NEW WAVE ANNOUNCES Closing of Non-Brokered Private Placement of Units

VANCOUVER, BC, May 30, 2025 (GLOBE NEWSWIRE) -- New Wave Holdings Corp. (the “Company” or “New Wave”) (CSE: NWAI, FWB: 0XM0, OTCPK: TRMNF) announces, further to its news release of May 20 and May 29, 2025, that the Company has closed the previously announced non-brokered private placement under the Listed...

Read moreDetails

How to make over $10,000 a day: XRP enthusiasts realize their dreams on the SAVVY MINING platform.

New York City, USA, May 30, 2025 (GLOBE NEWSWIRE) -- XRP is back in the spotlight—and this time, it’s not just the price driver. With strong trading volume, an efficient ETF structure, and growing regulatory clarity, Ripple (XRP) is poised to lead the next wave of cryptocurrency popularity. While the...

Read moreDetails

QFSCOIN Offers Global Crypto Investors Opportunity to Earn Bitcoin as Passive Income with Free Cloud Mining

Wilmington, Delaware, May 30, 2025 (GLOBE NEWSWIRE) -- As Bitcoin continues to gain attention in 2025, and Dogecoin shows renewed momentum, resourceful investors are exploring avenues to potentially earn without significant capital at risk. QFSCOIN offers a platform to potentially earn passive cryptocurrency daily through its cloud mining service. This service removes...

Read moreDetails

Quantum eMotion Announces Upsized Brokered LIFE Financing of C$12,000,000

NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES MONTREAL, May 30, 2025 (GLOBE NEWSWIRE) -- Quantum eMotion Corp. (“QeM” or the “Corporation”) (TSX.V: QNC; OTCQB: QNCCF; FSE: 34Q0) is pleased to announce that it has increased the size of its previously announced best efforts...

Read moreDetails

Frontier Technologies Market Size Opportunities and Challenges for the Future

Frontier Technologies Market As of 2024, the global frontier technologies market is valued at approximately USD 1.2 trillion. It is projected to reach around USD 3.2 trillion by 2025, growing at a compound annual growth rate (CAGR) of 18.5% from 2023 to 2030.🌐 Frontier Technologies Market OverviewThe frontier technologies market...

Read moreDetails

Hazardous Waste Management Market is Booming Worldwide |Biffa,TerraCycle,Recology

Hazardous Waste Management Market HTF MI just released the Global Hazardous Waste Management Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated...

Read moreDetails

Viocawer (VWW) Strongly Launches on Fisngloue Exchange, Backed by Multiple International Capital Institutions, Reshaping the Global Medical Data Ecosystem

New York City, USA, May 30, 2025 (GLOBE NEWSWIRE) --Viocawer (VWW), the world’s first innovative blockchain project focused on medical data rights and smart chip terminals, officially launched today on the global compliant digital asset trading platform Fisngloue. This launch not only marks the entry of the Viocawer ecosystem into...

Read moreDetails
Web3Wire NFTs - The Web3 Collective

Web3Wire, $W3W Token and .w3w tld Whitepaper

Web3Wire, $W3W Token and .w3w tld Whitepaper

Claim your space in Web3 with .w3w Domain!

Web3Wire

Trending on Web3Wire

  • Unifying Blockchain Ecosystems: 2024 Guide to Cross-Chain Interoperability

    57 shares
    Share 23 Tweet 14
  • Top Cross-Chain DeFi Solutions to Watch by 2025

    30 shares
    Share 12 Tweet 8
  • McCormick Software Streamlines Supplier Relationship Management for Construction Estimators

    7 shares
    Share 3 Tweet 2
  • Base: The FASTEST Growing Layer 2 Network?? (feat. friend.tech)

    7 shares
    Share 3 Tweet 2
  • HP Inc. Reports Fiscal 2025 Second Quarter Results

    7 shares
    Share 3 Tweet 2
Join our Web3Wire Community!

Our newsletters are only twice a month, reaching around 10000+ Blockchain Companies, 800 Web3 VCs, 600 Blockchain Journalists and Media Houses.


* We wont pass your details on to anyone else and we hate spam as much as you do. By clicking the signup button you agree to our Terms of Use and Privacy Policy.

Web3Wire Podcasts

Upcoming Events

Web 3.0 and AI Summit 2025

2025-09-11
Frankfurt
Summit

Latest on Web3Wire

  • Trade 350 App: This Trade 350 App Sets New Standard in AI-Driven Trading with Unmatched Security and User Approval
  • Starscope: Does Starscope Monocular Really Work for Stargazing & Hiking? Read Full Starscope Monocular Telescope Consumer Report!
  • Bioelectric Medicine Market May See a Big Move | Major Giants Cyberonics,NeuroPace,Medtronic
  • Explainable AI Market Booms to USD 27.6 Billion by 2033: A 15.85% CAGR Forecast
  • JAMining Expands FCA-Regulated Cloud Mining Services Amid Surging Crypto Market Activity

RSS Latest on Block3Wire

  • Covo Finance: Revolutionary Crypto Leverage Trading Platform
  • WorldStrides and HEX Announce Partnership to Offer High School and University Students Innovative Courses Designed to Improve Their Outlook in the Digital Age
  • Cathedra Bitcoin Announces Leasing of 2.5-MW Bitcoin Mining Facility
  • Global Web3 Payments Leader, Banxa, Announces Integration With Metis to Usher In Next Wave of Cryptocurrency Users
  • Dexalot Launches First Hybrid DeFi Subnet on Avalanche

RSS Latest on Meta3Wire

  • Thumbtack Honored as a 2023 Transform Awards Winner
  • Accenture Invests in Looking Glass to Accelerate Shift from 2D to 3D
  • MetatronAI.com Unveils Revolutionary AI-Chat Features and Interface Upgrades
  • Purely.website – Disruptive new platform combats rising web hosting costs
  • WEMADE and Metagravity Sign Strategic Alliance MOU to Collaborate on Blockchain Games for the Metaverse
Web3Wire

Web3Wire is your go-to source for the latest insights and updates in Web3, Metaverse, Blockchain, AI, Cryptocurrencies, DeFi, NFTs, and Gaming. We provide comprehensive coverage through news, press releases, event updates, and research articles, keeping you informed about the rapidly evolving digital world.

  • About Web3Wire
  • Web3Wire NFTs – The Web3 Collective
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Event Partners
  • Community Partners
  • Our Media Network
  • Media Kit
  • RSS Feeds
  • Contact Us

Whitepaper | Tokenomics

Crypto Coins

  • Top 10 Coins
  • Top 50 Coins
  • Top 100 Coins
  • All Coins – Marketcap
  • Crypto Coins Heatmap

Crypto Exchanges

  • Top 10 Exchanges
  • Top 50 Exchanges
  • Top 100 Exchanges
  • All Crypto Exchanges

Crypto Stocks

  • Blockchain Stocks
  • NFT Stocks
  • Metaverse Stocks
  • Artificial Intelligence Stocks

Media Portfolio: Block3Wire | Meta3Wire

Web3 Resources

  • Top Web3 and Crypto Youtube Channels
  • Latest Crypto News
  • Latest DeFi News
  • Latest Web3 News

Blockchain Resources

  • Blockchain and Web3 Resources
  • Decentralized Finance (DeFi) – Research Reports
  • All Crypto Whitepapers

Metaverse Resources

  • AR VR and Metaverse Resources
  • Metaverse Courses
Claim your space in Web3 with .w3w!
Top 50 Web3 Blogs and Websites
Web3Wire Podcast on Spotify Web3Wire Podcast on Amazon Music 
Web3Wire - Web3 and Blockchain - News, Events and Press Releases | Product Hunt
Web3Wire on Google News
  • Privacy Policy
  • Terms of Use
  • Disclaimer
  • Sitemap
  • For Search Engines
  • Crypto Sitemap
  • Exchanges Sitemap

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Coins
    • Top 10 Cryptocurrencies
    • Top 50 Cryptocurrencies
    • Top 100 Cryptocurrencies
    • All Coins
  • Exchanges
    • Top 10 Cryptocurrency Exchanges
    • Top 50 Cryptocurrency Exchanges
    • Top 100 Cryptocurrency Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.