The on-chain collateralized decentralized protocol OmniPact has completed a $50 million private placement financing
Decentralized protocol OmniPact, built for a trust layer in peer-to-peer trading of physical and digital assets, announced the completion of a $50 million private placement financing, backed by a consortium of institutional investors and family offices that require anonymity. The protocol utilizes smart contracts as on-chain collateral to address the "trust issue" in peer-to-peer transactions.The new funding will support the development of its core contracts and multi-chain infrastructure, as well as related security audits, while also driving the launch of its testnet in the first quarter of 2026.
