EthSystems to develop privacy tools for banks settling financial activity on Ethereum
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🔒 EthSystems will build privacy tools for banks and funds on Ethereum public blockchain.
🟠 The company will work with projects like Aztec and Miden to add transaction privacy.
🟢 EthSystems spun out from the Ethereum Foundation’s privacy task force in June 2024.
💡 Big clients want real settlements in $ETH but need confidential data handling.
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