Ika Reveals Strategic Investment From Sui Foundation, Bringing Total Funding to Over $21m
April 28, 2025 – Zug, Switzerland
TH FE is the first sub-second MPC network, which enables the interoperability of zero trust between blockchains on the unprecedented scale, throughout hundreds of signer nodes with ironclad security.
The th is aligned with the basic values of SUI performance, speed, and decentralization. With its upcoming launch in the Sui Blockchain, Throssed MPC's unparalleled technology to empower SUI to transfer smart contract developers with safe interoperability to all web3. This SUI position as the main solution for cross-chain defi, decentralized precautions, chain abstraction, AI agent guardrails, native Bitcoin programmability, and more, that uses the first truly measured, safe MPC sign solution.
Th: Setting new benchmarks on MPC technology
I use the novel 2pc-MPC cryptographic scheme and Sui's Mystictiti Consensus Protocol To meet the critical limitations of existing MPC networks, which delivers the unprecedented performance:
- Record-Breaking throughput: TAKA can be measured to process transactions up to 10,000 times more than current MPC networks, enabling uninterrupted quantity.
- Minimal latency: While conventional networks can lose 30 seconds or more, the SA can generate a signature at sub-second speed, enabling real-time applications throughout the chain.
- Extreme Scalability: The th is passing by the standard 4-8 nodes, with a 2pc-MPC that can be measured by hundreds of and potentially even thousands of signers, which strengthen decentralization without compromising performance.
- Zero-Trust security: The ar architecture of the th USE's user assets will remain safe even in the worst cases of situations, setting a new criteria for decentralized security.
Cases to Using Me: A Game-Changer for Web3
The Ultra-Fast MPC network of th gives a wide range of Sui Blockchain applications, with many SUI builders building their tech using th, including:
- Defi interoperability: Through sub-second speed and scalability allows instant and secure operation to all web3 ecosystems, bringing liquidity from chains such as Bitcoin and Ethereum to Sui. Sui builders, Whole sail and Rheiannounced their upcoming launch that uses th.
- Decentralized caution: Offer Safe, Decentralized Solutions to Care to the Sui Blockchain for Digital Assets, which delivers incompatible security for institutional and individual users. Sui builders, Aoneon and Human techannounced their upcoming integration of th in their tech.
- Chain Abstraction: The SUI builders allow for abstract the complexity of many chains for their users, along with other SUI features such as Zklogin, which delivers a perfect user experience. Sui builders, Covault and Lucky Katannounced their upcoming integration of th in their tech.
- Programmable Bitcoin: I will open new possibilities for native BTC in SUI, with programmable and secure defi and caution. Sui builders, Native and Nativerseannounced their upcoming launch that uses th.
- AI agent guardrails: Improves AI applications to SUI, by providing safe MPC guards, ensuring that AI agents do not have completely unnoticed power, keeping the users' ownership. Sui builder Atoma and Ekko announced their upcoming launch that uses th.
A vision supported by industry leaders and embraced community
SUI Foundation's strategic investment in the SUI is dedicated by the SUI to care for technological cuttings to advance its mission of high performance and decentralization. It boosts technical synergy within the SUI ecosystem, which positions both SUI and is ahead of the web3 revolution, promoting a future of safe, measured, decentralized infrastructure.
With more than $ 21 million in funding and a peak private appreciation of $ 600m FDV, TH was to support twelve -two major players in the web3 space, including Sui Foundation, Dcg, Ram, Blockchange, Node Capital, Amplify partners, Liquid2 ventures, Falconx, Tykhe block ventures, Lightshift, Token bay capital, Collider, Zero ventures of knowledge, Nolimit holdings, Rubik ventures, Capitalization of capital, Insignius capital, Impatient adventure, Cerulean ventures, Earl Gray Capital, Hdi ventures, Flowdesk, TPC ventures, Purechain capital, Solr Dao, Hero adventure, Naval Ravikant, Notvcs, G-20 group, Artifact Capital, DSRV, Encapsulate And more.
Through SUI users also showed strong adoption from Launching “MF Squid Market” NFT Art Campaign, the NFT's largest and most successful campaign in SUI history, receiving more than 1.4M SUI, creating a strong and active indigenous community in the process.
The th token is about to launch the native to the SUI Blockchain, unlocking the new function and utility in decentralized security. As the native token of the MPC network, the D will play an important role in the power of ultra-fast, measured infrastructure, which serves as a way to pay for MPC sign services, enabling seamless transactions throughout the web3 space. By seizing Sui's inconsistent speed and performance, E-enhancement enhances the overall security and scalability of the ecosystem, increasing the most promising MPC technology to the blockchain to the fastest growing L1 on the web3.
About th
Th is the fastest in parallel network of MPC, which offers sub-second latency, non-scale and decentralization, and zero-trust security. As the main choice for interoperability, decentralized precautions, and chain abstraction, the SA is set to change the security of digital assets and multi-chain defi. Users can learn more Here
About Sui
Sui is a first-of-its-kind layer 1 blockchain and smart contract platform designed from bottom to to make it fast, private, secure, and accessing everything. Based on the language transfer language, the Object-Sentric model enables the in parallel, sub-second end, and rich on-chain assets. In horizontal scalable processing and storage, SUI supports a wide range of applications with unparalleled speed at low cost. SUI is a step-function advancement in the blockchain and a platform where creators and developers can develop amazing, user-friendly experiences. Users can learn more than:
Contact
Th pr
pr@ika.xyz
This content is to be sponsored and should be considered as promotional material. The opinions and statements expressed here are those who are set and do not reflect the opinions of the day -to -day Hodl. The sun -day hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise our platform. Investors should do their appropriate hard work before making any high risk investments on any ICOs, blockchain startups or cryptocurrencies. Please advise that your investments are at your own risk, and any losses you can have your responsibility.
Follow us at X Facebook Telegram
