We are excited to announce the partnership between Obscuro and Republic. Together we aim to bring to Ethereum what HTTPS brought to Web 2 leading to an explosion in applications and usage. Obscuro achieves this goal by building an encrypted Ethereum Layer 2, leveraging the consensus and security of Ethereum.

By adding encryption at the infrastructure layer, Obscuro will enable the same functionality of Web2 in Web3, boost security, hyper-scale Ethereum and ultimately, onboard the next billion users.

Republic will help drive our vision of a world where games exist fully on-chain, autonomous worlds thrive, DeFi is usable and fair for everyone, NFTs represent all the world’s assets and everything moves to Web3.

With Republic’s track record of identifying disruptive trends, they will help shape Obscuro’s future strategies based on successful past experiences. Through this collaboration, Republic Capital has strategically invested in Obscuro with Republic Crypto providing advisory. Together, we look forward to unlocking limitless use cases for Ethereum.

About ObscuroObscuro is building the most critical part of the Web3 infrastructure. As a Layer 2 solution, Obscuro enables faster and more cost-effective transactions while inheriting the security of Ethereum. Obscuro ensures that all inputs, contract state, and execution processes are encrypted, providing a Web2 experience with no changes to the user or developer experience. Obscuro revolutionizes Web3 applications, including gaming, DeFi 2.0, dark pool trading, sealed auctions, private agreements, identity, and more. Obscuro is being developed by the team that built Corda, the most successful Enterprise blockchain.

Obscuro has to date raised $6M from reputable investors and funds such as Republic Capital, KuCoin Labs, Big Brain Holdings, R3, and more.

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