{"id":53610,"date":"2021-11-26T12:45:53","date_gmt":"2021-11-26T10:45:53","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=53610"},"modified":"2025-09-03T16:02:13","modified_gmt":"2025-09-03T13:02:13","slug":"panther-protocol-raises-more-than-22-million-in-public-token-sale","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/panther-protocol-raises-more-than-22-million-in-public-token-sale\/","title":{"rendered":"Panther Protocol raises more than $22 million in public token sale"},"content":{"rendered":"<p>Panther Protocol, the developer of a privacy-preserving <span data-descr=\"decentralized finance\" class=\"old_tooltip\">DeFi<\/span> protocol for users, raised more than $22 million in a public token sale.<\/p>\n<p>According to the <a href=\"https:\/\/www.prnewswire.com\/news-releases\/panther-protocol-raises-22-million-in-public-sale-creating-the-privacy-layer-for-defi-and-web3-301432118.html\">press release<\/a>, the token sale closed in 90 minutes. The total funding raised by the project reached $32 million.<\/p>\n<p>In a <a href=\"https:\/\/blog.pantherprotocol.io\/the-panther-protocol-public-sale-has-successfully-closed-in-under-90-minutes-fae4f83f6734\">blog post<\/a>, the team said it is currently focused on ZKP token-distribution events and on listing the asset on exchanges. This is expected to occur in early December.<\/p>\n<p>The Panther Protocol solution uses <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-a-zero-knowledge-proof\">zkSNARK<\/a> technology and operates on Ethereum, Polygon, Flare, Songbird, NEAR and Elrond blockchains.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;We are at a point in the history of privacy where we reconcile its dual nature. The Panther Protocol has managed to provide both privacy and authenticity by combining zero-knowledge proof systems with selective disclosure,&#8221; said Panther co-founder Anish Mohammed.<\/p>\n<\/blockquote>\n<p>The startup&#8217;s offering for developers includes an <span data-descr=\"application programming interface\" class=\"old_tooltip\">API<\/span>, <span data-descr=\"software development kit\" class=\"old_tooltip\">SDK<\/span> and customizable integrations. This will allow DeFi projects to implement privacy features in their applications without needing a specialized engineering team, Panther says.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;The idea is to create by default a private decentralised ecosystem that unlocks value currently fragmented across blockchains,&#8221; the company said.<\/p>\n<\/blockquote>\n<p>Earlier, Neon Labs\u2014the blockchain startup behind the Ethereum Virtual Machine (EVM) on Solana\u2014<a href=\"https:\/\/u1f987.com\/en\/news\/neon-labs-raises-40-million-from-jump-capital-and-other-investors\">raised $40 million<\/a> in a private token sale.<\/p>\n<p>Follow ForkLog news on <a href=\"https:\/\/www.facebook.com\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Facebook<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Panther Protocol, the developer of a privacy-preserving DeFi protocol for users, raised more than $22 million in a public token sale.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1093,1256,1378],"class_list":["post-53610","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-defi","tag-privacy-and-personal-data","tag-token-sales"],"aioseo_notices":[],"amp_enabled":true,"views":"15","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/53610","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=53610"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/53610\/revisions"}],"predecessor-version":[{"id":53611,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/53610\/revisions\/53611"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=53610"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=53610"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=53610"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}