The data infrastructure station raises the station $ 3 seed $ 8 million to expand the scope of privacy technology in the new artificial intelligence age – Cryptomode
The company’s seeds financing will allow the increasing global demand to store safe, safe and decentralized data
Hong Kong-(Benus Wayr)-Hong Kong-based Web3 Startup has collected the 8 million US-dollar seed financing round. This investment will lead to the leadership of developing a privacy protocol and the privacy of new data due later in the year, accelerating the company’s platform’s accreditation and relying on accreditation data for institutions. Today, Terminal 3 actually serves approximately 8 million users across many banks and industries.
The financing round was led by shed light on Financial, CMCC Titan Fund, with the participation of Animoca, Progression Fund, IDG Blockchain and Cherubic Ventures. The tour also included additional investments from current 500 Global, Conssysys Mesh, hard Yaka and BlackPine.
“The demand for user data is increasing dramatically, which increases the risk of privacy for billions of people,” said Gary Liu, co -founder and CEO. “At the same time, advanced data regulations and safety requirements are institutions that jump with the main compliance burdens and costs, which affects the user experience and restrict the adoption of emerging technologies such as artificial intelligence. Our new financing will help the progress of institutions solutions at Station 3 that enables companies to grow with new technologies while protecting their users and costs.”
Station 3 works to take advantage of Blockchain technologies and privacy enhanced technologies (such as zero knowledge encryption) to enable safe storage and sovereignty of the user’s data with completely special access to a set of requests from banking services to government accreditation data, social media, and marketing. In recent weeks, Terminal 3 has also announced an authentication and licensing platform for artificial intelligence agents, providing confidence, security and privacy for independent transactions.
“We are at a decisive turning point for digital assets and decentralized technologies across the global financial markets,” said Luca Zorzino, the general partner and president of Asia to shed light on global financial markets. “The key to opening these huge opportunities is a safe data and identity, and we believe that innovative solutions in Terminal 3 will accelerate the institutional adoption of both during the creation of a new era of digital confidence. Lighting speeds up investment in this task.”
Participated in the foundation of station 3 by Gary Liu, Malcolm ONG (CPO), Joey Liu (COO), all with extensive experience in global -level technology companies, including Google, Spotify, Microsoft and Uber. Recently, the trio led the digital transformation of Post morning South ChinaThe Hong Kong record newspaper, which lasted for a century, where Gary, CEO from 2016 to 2022. Over the past three years, the participating founders have led the development of the Terminal 3 platform with the progress of the policies of adopting digital assets and open data throughout Asia and the Middle East.
“The station was 3 of the first investments of our fund,” said Xiao Sen Yen, co -founder and administrative partner of CMCC’s Titan Fund. “The growth of the digital asset industry depends on verified identity solutions that will include organizational compliance and include the process of inter -operation, and confidence by all the participants in the industry. We believe that the supplementary mix of experience, experience and seeing the founding founders is unique in Web3, and has led to the early growth of the company and its capabilities in the future.
Artificial intelligence and regulations that drive data security needs
The rapid growth of artificial intelligence, in particular AI AIC, has quickly needed to be fully developed infrastructure, and is completely reliable. The transition towards automated artificial intelligence agents as a basic interface between companies and their customers creates a tremendous opportunity for global growth, but it also provides basic threats to the user privacy.
For example, the bank may use artificial intelligence agents to verify customer account balances and perform financial transactions on their behalf, while the travel platform may use artificial intelligence agents to design and book holiday paths for customers. While the benefits of the institution and its users are clear-speed, accuracy, ease and low costs-the adoption of artificial intelligence agents creates many security problems in confidence and data security because automation requires a large amount of sensitive information without a pre-existing framework for licensing and privacy.
“It is scheduled that the Agentic AI market will grow by 4000 % in the next ten years,” said Yat Seo, co -founder and CEO of Animoca Brands. “Unreliable networks are extremely important to this market to expand its scope with responsibility, so web3 technologies must be essential for the future of artificial intelligence. Station 3 approach to decentralized data and security for revolutionary artificial intelligence, and we are excited to support their vision.”
As the demand for user data grows, data privacy regulations have become also more striking while consumers awareness of private problems1. The adoption of emerging technologies can enable institutions infrastructure to meet the escalating compliance requirements and customer expectations without limiting the company’s growth. Through this new financing, Terminal 3 will continue to develop international -level data security solutions that protect global rights of users worldwide.
About Station 3
Terminal 3 is an infrastructure for the starting start -up WEB3 Building operating data in Hong Kong for a central future. The company’s solutions are an alternative to the central data systems that deprive users of privacy institutions and sins with concerns related to compliance and security. Station 3 works to take advantage of decentralization and privacy techniques that enhance privacy to enable equal Web3 as user data is completely compatible freely. The founders of the company are successful from the CEO of companies and businessmen, who built, exactly, and transformed some of the most important companies in the world. Terminal 3 is also supported by global investors including Financial, CMCC Titan Fund, Animoca Brands, IDG Blockchain, Progress Fund, Cherubic Ventures, 500 Global, Consensys Mesh, Bixin Ventures, BlackPine, Hard Yaka, and Bory Room Ventures.
For more information, please visit: Official website | x | LinkedIn
About shed light on the financial
Elnminate Financial is the thesis -based investment capital company that focuses on B2B Fintech companies and institutions companies that determine the future of financial services with offices in London, New York and Singapore. Deep networks of Illuminate and reliable partnerships with the main participants in the industry provide a real vision about what the industry needs and help their portfolios achieve their full potential. For more information, please visit www.illuminatefinangial.com.
About Titan Fund
Titan Fund provides an accredited exposure to investors of attractive growth opportunities within the Blockchain system through an investment strategy in the traditional investment capital of shares that focus on chain A along the main investment sectors of the infrastructure, consumer applications and consumers. The Titan Fund is the latest CMCC Global Fund and complements digital asset funds, which were investing directly in protocols and encryption assets since 2016, and its Crest family that invests in encryption boxes. More information can be found in Titan.fund
Communication authorities
For more Medium Information:
Station 3
Joy Liu
joie@terminal3.io
or
Current Asia on behalf of T3
Mark Jackson
Mark.jackson@currentasia.com
