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On-chain Escrow Decentralized Protocol OmniPact Completes $50 Million Private Funding Round
Svmuu News: OmniPact, a decentralized protocol building a trust layer for peer-to-peer transactions of physical and digital assets, announced the completion of a $50 million private funding round. The investment consortium consists of institutional investors and family offices who requested anonymity. The protocol utilizes smart contracts as on-chain escrow to solve the "trust problem" in peer-to-peer transactions. The new funds will support the development of its core contracts and multi-chain infrastructure, as well as related security audits, while also driving the launch of its testnet in the first quarter of 2026. (BusinessInsider)
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