According to Foresight News, Nym Technologies' Nym Innovation Fund has received over $300 million in investment commitments from investors including Polychain, KR1, Huobi Incubator and Eden Block. The fund will provide funding for cryptocurrency builders, developers and communities, with a focus on privacy.
The program will open for applications in November, with initial categories open for crypto wallets, remote procedure calls (RPCs), and important resources, tools, infrastructure, and initiatives that benefit the broader ecosystem and are made available to the public in an open source manner.