Suterusu, a Layer-2 Privacy Protection Protocol, Acquires Strategic Investement from Fundamental Labs
April 5, 2021 @ 8:19 pm By Omar Faridi
Suterusu, which claims to be the first-ever layer-2 privacy protection protocol that doesn’t need a “trusted setup,” has reportedly acquired a strategic investment from
Fundamental Labs.
As mentioned in the announcement, Fundamental Labs will be focused on expanding Suterusu’s ecosystem and will be deploying Suterusu’s layer-2 private payment network “on more public blockchains.”
Fundamental Labs, a leading investment institution focused on the blockchain and distributed ledger tech (DLT) space, has been investing and incubating various blockchain infrastructure projects that aim to “reshape society and economy on a global scale.”