Arc, Canton, Tempo raise $1B+ as privacy becomes key in crypto's institutional growth

Arc, Canton, and Tempo, three blockchains focused on stablecoins and tokenization, have collectively raised over $1 billion, signaling strong institutional interest in privacy-focused crypto infrastructure. This fundraising surge is driven by clearer U.S. regulations, rising demand for private blockchain transactions, and competition from corporate-backed networks. Bitwise CIO Matt Hougan highlights privacy as a potential 'killer app' for crypto, addressing concerns over transparency in public blockchains. The trend suggests privacy features will be crucial as crypto integrates further into mainstream finance.