Terminal 3 of the data infrastructure company raises the $ 8 million seed round to expand privacy technology in the new AI era – cryptomatic
Seed funding allows the company to earn a growing global demand for safe, secure and decentralized data storage and access
The Web3 Startup 3 in Hong Kong (Business Wire) -hong Kong has successfully collected the $ 8 million seed funding rounds of the seed funding round. The investment manages the development of the privacy and security protocol, initiated at the end of the year and speeds up the introduction of a decentralized identity and mandate platform for companies. Today, Terminal 3 already serves nearly 8 million users through several chip circuits and industry.
The funding round was led by Illuminaine Financial and CMCC Titan Fund, participating in Animoca Brands, Progression Fund, IDG Blockchain and Cherubic Ventures. The round also included additional investors 500 Global, Consensys Network, Hard Yaka and Blackpine.
“Demand for user data increases dramatically, increasing the privacy risks of billions of people,” said co -founder and CEO Gary Liu. “At the same time, data regulations and security requirements are evolving companies with a high degree of conformity and expenses, influencing the user experience and limiting the introduction of such evolving technologies, such as AI. Our new funding helps to promote Terminal 3 company solutions that allow businesses to grow with new technologies, protect their users.
Terminal 3 amplifies chip circuits and privacy-enhancing technologies (such as zero-knowledge cryptography) to allow for safe and independent recording of user data with completely private access to obtain a wealth of applications from banking to government mandates, social media and marketing. In recent weeks, Terminal 3 has also announced the AI Agent Authentication and Authorization Platform, providing trust, security and privacy for autonomous transactions.
“We are at the critical turning point of digital assets and decentralized technologies in global financial markets,” said Luca Zorzino, a general partner and Asian leader, Illuminaine Financial. “The key to opening these massive opportunities is safe data and identities, and we believe that the innovative solutions of Terminal 3 will speed up the institutional introduction of both while creating a new era of digital trust. The luminaire is excited to invest in this mission.”
Terminal 3 was founded by Gary Liu, Malcolm Ong (CPO) and Joey Liu (COO), all of which had extensive experience in world -class technology companies, including Google, Spotify, Microsoft and Uber. The trio last led the last South -China morning postHong Kong's centuries -old Record newspaper, where Gary was the CEO of 2016-2022. Over the past 3 years, co-founders have led the development of 3 platforms at the terminal, while also promoting the introduction of digital assets and open data throughout Asia and the Middle East.
“Terminal 3 was one of our first investments,” said Shiau Sin Yen, co -founder and leader of the CMCC Titan Fund. “The growth of the digital property industry depends on the identity solutions to be controlled, which deal with and include the regulatory compliance, interoperability and confidence in the industry. We believe that additional experience, expertise and vision co -founders are unique and has led to the company's early growth and future potential.
AI and regulations that manage data security needs
The rapid growth of artificial intelligence and especially agent AI has accelerated the need for the infrastructure of the privacy of scalable, interoperable and fully reliable data. Moving towards automated AI agents as the main interface between companies and their customers creates a tremendous opportunity for global growth, but also introduces the basic dangers to the privacy of users.
For example, the bank may use AI agents to check and make financial transactions on their behalf, while the travel platform may use AI agents to design and book customer holiday travel. Although the company and their users have advantages-speed, accuracy, simplicity, decreased expenditure-the introduction of AI agents will create numerous trust and data security problems, as automation requires high quantity of sensitive information without the pre-existing authorization and privacy framework.
“The Agentic AI market will grow in amazingly 4,000% over the next ten years,” said Yat Siu, co -founder and CEO of Animoca Brands. “Reliable networks are critical to this market, so Web3 Technologies must be the core of the Future of AI. Terminal 3 approach to the privacy and security of decentralized data is revolutionary and we are pleased to support their vision.”
As the demand for user data increases, data privacy rules also become stricter while consumer awareness of privacy issues increases – last year, 83% of consumers now find data privacy as a basic condition for brand trust1To. The introduction of the resulting technologies may allow the company's infrastructure to meet conformity requirements and customer expectations without limiting the growth of the company. With this new funding, Terminal 3 will continue to develop world-class data security and privacy solutions that protect users' universal rights worldwide.
3. About the terminal
Terminal 3 is a Web3 Startup Building Infrastructure for a decentralized future in Hong Kong. The company's solutions are an alternative to centralized data systems that leave users with privacy and saddle companies conformity and security problems. Terminal 3 amplifies decentralized and privacy technologies to provide fair Web3 if completely private user data are freely called. The founders of the company are successful company executives and entrepreneurs who have built, scaled and changed some of the world's most important companies. Terminal 3 is also supported by world -class investors, including illuminating financial function, CMCC Titan Fund, Animoca Brands, IDG Blockchain, Progress Fund, Cherubic Ventures, 500 Global, Consensys Mesh, Bixin Ventures, Blackpine, Hard Yaka and Bleyard Ventures.
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About about Financial
Illuminate Financial is a graduation -based venture -capital company focused on B2B Fintech and company companies that define the future offices of financial services in London, New York and Singapore. Illuminate deep networks and reliable partnerships with the key industry participants provide a real overview of what the area needs and helps their portfolio companies achieve their full potential. For more information, see www.illuminatefinancial.comTo.
About the Titan Foundation
Titan Fund offers accredited investors exposure to attractive growth in the chip chain ecosystem through the traditional equity venture capital investment strategy, which focuses on pre-seed A-series in infrastructure, Fintech and consumer applications the main investment verticals. The Titan Foundation is the latest fund strategy for the CMCC Global and complements its digital assets that have invested directly in protocols and crypto assets since 2016, and its Crest Fund family, which invests crypto in quantum fees. For more information, see titan.fund
Contact
Forward media Information:
3. Terminal
Joey Liu
joey@terminalio
or
Current on behalf of Asian T3
Mark Jackson
Mark.jackson@currentasia.com
