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Bain Capital Crypto, Polychain Lead $6M Funding Round

Nocturne Labs, the company behind the privacy on-chain accounts protocol Nocturne, announced Wednesday it raised $6 million in a seed funding round co-led by Bain Capital Crypto and Polychain Capital. The funding round drew participation from other prominent investors in the Ethereum ecosystem, including Ethereum co-founder Vitalik Buterin, Bankless Ventures, HackVC and Robot Ventures. The money will be used to continue the development of the blockchain but also pay legal bills, Luke Tchang, the co-founder and CEO of Nocturne Labs told CoinDesk in an interview. The Nocturne protocol is expected to launch during the second half of November, combining blockchain technologies.

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