Back to Organizations
NuCypher
NuCypher builds day-one-decentralized access control plugins & extensions, and is a major contributor to the Threshold Network (tBTC, cryptoeconomics, governance, etc.).
Dallas, USA
Employees: 12
Description
NuCypher is one of two founding teams of the Threshold Network, which hosts tBTC, TACo, Random Beacon & tUSD. Over the past 6 years, NuCypher has pioneered cryptographic primitives for end-to-end encrypted data sharing, including Proxy Re-Encryption and Threshold Access Control (TACo), plus novel cryptoeconomic mechanisms and network/governance architectures such as Stable Yield and a historic on-chain merger with Keep. TACo, NuCypher's flagship access control product, is running on over 120 nodes with ~$80m of economic security, has paying adopting developers and major infrastructure partners, and most importantly, has been decentralized from genesis (mainnet launch in Jan 2024).Grant Funding
VC Funding
None
2016
2017
2018
2019
$0
$27M