Humanity Protocol Achieves $1.1 Billion Valuation with New Funding
- Pantera Capital and Jump Crypto led a $20 million funding round.
- The project, Humanity Protocol, now has a fully diluted valuation of $1.1 billion.
- Humanity Protocol uses palm scans to verify online accounts as belonging to real people.
- The funding will aid in developing Proof of Humanity and Human ID systems.
- A token launch is anticipated soon, with preparations underway.
Humanity Protocol, backed by Pantera Capital and Jump Crypto, reached a $1.1 billion valuation after securing $20 million in funding to develop its palm-scanning identity verification network.
Source (2.6)https://dailyhodl.com/2025/01/27/pantera-capital-and-jump-crypto-lead-financing-round-of-palm-scanning-project-at-1100000000-valuation/?rand=59076
