ARPA Network Secures Investment from DWF Labs

ARPA Network Secures Investment from DWF Labs

Decentralized secure computation network ARPA Network secured a multimillion-dollar strategic investment from DWF Labs. Together, DWF Labs and ARPA Network will establish a dynamic collaboration aimed to further enhance ARPA’s research and development capability of cryptography and blockchain, establishing a connection with DWF’s portfolio projects, as well as facilitating the wider utility of threshold signature scheme across multiple verticals in the blockchain industry.

ARPA Network is set to expedite the development of innovative applications built upon its infrastructure, including solutions for gaming, lottery, NFT minting, whitelisting, key generation and blockchain validator task distribution.

ARPA Network (ARPA) was previously known as ARPA Chain, a privacy-preserving multiparty computation (MPC) network founded in 2018. The ARPA threshold BLS signature network serves as the infrastructure of verifiable random number generators (RNGs), secure wallets, cross-chain bridges and decentralized custody across multiple blockchains.

 

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