Web3 startup Nillion has completed a $20 million funding round, led by Distributed Global, with participation from GSR and HashKey

ChainCatcher news, according to TechCrunch, Web3 startup Nillion announced the completion of a $20 million funding round, led by Distributed Global, with participation from AU21, Big Brain Holdings, Chapter One, GSR, HashKey, OP Crypto, and SALT Fund.

Nillion aims to build a decentralized network that is not based on blockchain and provide a new internet infrastructure to protect storage and data computation, allowing businesses and competitors to collaborate without sharing critical information. Additionally, early documents from the company reveal plans to issue a Token in the future. (Source link)