Base acquires team at PoW blockchain Iron Fish to develop 'privacy-preserving primitives'
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Base hired Iron Fish developers to enhance it’s privacy features
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Iron Fish released its mainnet in 2023 after being in development for over two years, but it later struggled to gain adequate traction. In 2021, it raised $28 million in a funding round led by Andreessen Horowitz to support developing and expanding its privacy-centric blockchain.
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The acquisition is limited to the team, and Base is not acquiring the Iron Fish blockchain or its native token.
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