According to TechFlow, NuLink, a decentralized application privacy protection protocol, announced the completion of a $1.6 million strategic round of financing, led by DWF Labs, Poolz and ViaBTC, with participation from CheckPush, 0xwilds, Coinvestor, 0xbull, Alpha Capital, MNST Platform and Aza Ventures. NuLink will use the funds to advance technology, expand capabilities, and education and training. To date, NuLink has raised a total of $11.4 million, positioning it as a leader in secure Web3 application development and enhancement. Earlier on May 6, NuLink raised $5.33 million through Fjord Foundry LBP and plans to conduct a TGE in mid-May.