EthSystems Launches to Build Privacy Solutions for Institutions on Ethereum
EthSystems has launched to build privacy and compliance technology for Ethereum, founded by the team behind the Ethereum Foundation's Institutional Privacy Task Force. Backers include Bitmine, Sharplink and Joe Lubin. It has a year of open-source work public and relationships with central banks, regulators, banks and asset managers.
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EthSystems is the third Ethereum Foundation spinout after Ethlabs and Ethereum Institutional, building 'selective disclosure' privacy tools that give regulators full visibility while counterparties see only their side.
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