Demex Daily #226: Nillion Network Enhances Arbitrum's dApp Privacy and Scalability

What’s Interesting Today:

Nillion Network, a privacy-focused "blind computing" protocol, has integrated with Arbitrum, aiming to enhance privacy and scalability for over 600 dApps on Arbitrum's network. As the largest Ethereum Layer 2 network with over $15 billion in total value locked, Arbitrum stands to benefit from Nillion's capabilities in secure and private data handling. Nillion, which allows the development of secure applications such as private messaging and blind auctions, aims to expand blockchain's reach by making private computing accessible to both retail participants and enterprises. The integration is backed by a $20 million seed funding round led by Distributed Global, with contributions from other funds like GSR and Truffle Ventures. Nillion's CEO, Alex Page, highlights the potential for web2 apps handling private data to transition to onchain environments, facilitated by Nillion's technology.

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Rarible, a well-known NFT marketplace, has integrated with the Aptos blockchain to enable minting, buying, bidding, and selling of Aptos NFTs directly on its platform. This collaboration enhances the Rarible platform and expands the Aptos ecosystem, promising improved accessibility and security for NFT transactions. Notable within the Aptos community, this integration is welcomed by popular collections like Aptomingos. Additionally, Rarible can now be accessed via Petra Wallet, further deepening its integration with the Aptos ecosystem and broadening opportunities for NFT creators and collectors.

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