The Ethereum Foundation is establishing a new fund to support developers working on privacy-enhancing technologies, reflecting the growing demand for privacy solutions within the Ethereum ecosystem.

Privacy Project Funding Initiative

The Ethereum Foundation and Keyring have announced a collaborative effort to fund developers focused on privacy-focused projects.

Legal Defense Support

This initiative also aims to raise funds to support the legal defense of Tornado Cash developers, Roman Storm and Alexey Pertsev.

Web3 Privacy Focus

The project's emergence coincides with increasing interest in privacy solutions within the Web3 ecosystem.