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Team behind Ethereum's institutional privacy layer launches for-profit firm EthSystems
The team behind Ethereum's institutional privacy push has spun out as a standalone for-profit company called EthSystems, backed by Bitmine and Ethereum co-founder Joe Lubin. The startup is betting that financial institutions require a privacy layer before they will run significant money on a public blockchain. The move signals growing demand for enterprise-grade privacy solutions in the Ethereum ecosystem.
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