Helius Acquires Light Protocol to Expand Solana On-Chain Privacy on June 11

LIGHT-0.52%
SOL-0.43%
According to The Block, Solana infrastructure company Helius acquired Light Protocol on June 11 to expand on-chain privacy solutions. Light Protocol, founded in 2021, will refocus on its original zero-knowledge privacy direction following the acquisition. Helius plans to combine the acquisition with its distribution and infrastructure capabilities to build a zero-knowledge-based privacy protocol for private payments and private DeFi on Solana. The protocol is programmable and configurable for both retail and institutional use cases. Helius intends to open the new privacy infrastructure to developers in the coming months.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments