Cypher Capital

On March 16th, Wallchain, an anti MEV solution provider, announced that it had received a $2 million investment led by Cypher Capital. This investment will be used to promote Wallchain’s in-depth research on Web3 to achieve revenue growth and launch new MEV solutions. Cypher Capital is a cryptocurrency investment company headquartered in the United Arab Emirates, covering venture capital, nodes, mining, and more. Wallchain, an anti MEV solution provider, received $2 million in investment Analysis based on this information:Wallchain, an anti-MEV (Maximal Extractable Value) solution provider, has recently received a $2 million investment led by Cypher Capital. MEV refers to the additional value that miners or other actors can extract from a blockchain beyond the standard block reward and transaction fees. This can create unfair advantages and lead to manipulative activities on the blockchain network. Wallchain offers a solution to mitigate these issues. The investment from Cypher Capital will be used to advance Wallchain’s research on Web3, which focuses on…