Institutional-grade privacy DeFi access layer Singularity completed a new round of financing of US$2.2 million, led by Gumi Cryptos Capital, with participation from Nomura Securities’ digital asset subsidiary Laser Digital, Eureka Partners, Apollo Crypto, Digital Asset Capital Management and Gandel Invest. To date, Singularity has raised nearly $4 million in funding. It is reported that these funds will be used to support the development of the protocol, promote DeFi compliance access and ensure the commercial confidentiality of on-chain activities.