๐ Phylax has just secured $4.50M in its latest funding round! ๐
๐นAbout: Phylax is a blockchain security company focusing on restoring credibility to the crypto industry. The project introduces the Credible Layer, a novel security framework that allows developers to embed verifiable security rules directly into the blockchain base layer. This ensures that decentralized applications (dApps) can prevent and mitigate hacks by censoring malicious transactions at the infrastructure level. Phylax aims to make security accessible to everyone, helping institutions and individuals deploy capital confidently. The project has raised $4.5 million in a pre-seed funding round, co-led by Nascent and Figment Capital. Headquartered in the United States, Phylax is committed to building intuitive, open-standard products grounded in first-principles thinking. ๐๐
๐น Lead Investors: Nascent, Sandeep Nailwal, Figment Capital, Robot Ventures, Bankless Ventures and many more.
๐น Total Raised: $4.50M.
๐น Project Category: Blockchain Service, Security.
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