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 announced that it raised $2 million in investment led by Cypher Capital. The investment will be used to fund Wallchain’s in-depth research on Web3 to achieve revenue growth and launch new MEV solutions. MEV refers to the potential profit that can be extracted from a blockchain transaction. This can be done by placing a transaction in a certain order or adding some additional information to the transaction. As a result, MEV has…