Lumina DEX completes strategic round by Mina Foundation, Jump Crypto, Big Brain Holdings and O(1) Labs to enable compliant and private DEX on the Mina protocol

We are very pleased to be able to support Lumina DEX in this strategic increase, as we strongly believe that Lumina DEX is proactively addressing the concerns that have so far caused traditional financial institutions to hesitate in adopting DeFi.

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Kurt Hemecker, COO of the Mina Foundation, said: “We are very pleased to support Lumina DEX in this strategic increase as we strongly believe that Lumina DEX is proactively addressing concerns that traditional financial institutions have been reluctant to address .” DeFi. Lumina DEX recognizes the importance of compliance in today’s regulatory environment and is dedicated to providing private data DeFi Solutions based on the Mina protocol aiming to adapt to regulatory standards and create an environment of compliance and transparency. Lumina represents a bright new era for decentralized finances.”

Beyond meeting the need for compliance and privacy DeFi By participating, Lumina DEX also solves other challenges by deploying on the Mina protocol, with a focus on improving both user and developer experiences, maintaining low transaction fees, preventing MEV frontrunning, and delivering greater scalability .

To learn more about Lumina DEX and keep up to date with their developments, visit their website and follow them on Twitter.

For media inquiries please contact [email protected]

About lumina
Lumina is a new enterprise-ready DEX and DeFi Platform based on the Mina protocol. Lumina solves the challenges traditional solutions face decentralized Exchanges by creating approved liquidity pools with zkKYC to enable compliance and zkSNARKs for data protection. Lumina is highly scalable, efficient and maintains user privacy while working with KYC and AML partners. Lumina allows corporate and retail users to exchange a variety of assets in a fair and transparent environment.

About the Mina Foundation
The Mina Foundation is a non-profit organization that supports the Mina protocol, the world’s lightest blockchain. The foundation supports the protocol and its community by providing grants to third parties who make significant contributions and by maintaining and managing the health of the community and network. Board members include former ZCash Foundation executive Josh Cincinnati, Harvard Business School finance professor and Coinbase advisory board member Mark DiMaggioformer crypto Technical Director at Twitter Tess Rinearson, General Counsel of the Mina Foundation Joon Kimand CEO of the Mina Foundation Evan Shapiro.

About O(1) Labs
Founded in 2017, O(1) Labs is a blockchain technology company focused on Zero Knowledge (ZK) and other forms of novel cryptography. Among their notable achievements is the incubation of the Mina protocol, the world’s first zk blockchain that is lightweight, scalable, and simple decentralizedand creating the o1 SDK, an intuitive toolkit for zk application developers. O(1) Labs’ vision is to catalyze a new generation of applications based on zero-knowledge cryptography. Learn more about O(1) Labs and the Mina protocol at http://www.o1labs.org.

media contact

Nicki BrownMelrose PR, (310) 260-7901, [email protected]

SOURCE Lumina

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