Privacy Technology Firm Nym Plans Early 2024 Rollout of 'Decentralized VPN'

Nym Technologies, a privacy infrastructure project backed by Binance Labs and the venture capital firm Andreessen Horowitz , said its"decentralized VPN" called NymVPN would launch in the first quarter of 2024.

"This brings together a decentralized VPN and a mixnet on the same network to offer users the highest level of privacy and security for all their online activities," according to a press release."Unlike centralized VPNs, which funnel all your data through a single server, the NymVPN disperses your traffic across a network of nodes.

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Ex/Ante, VC Firm Focused On Online Privacy And Security, Raises $33 MillionI'm a senior editor at Forbes covering venture capital and startups, especially in cloud and AI, out of New York. I edit the Midas List and Under 30 for VC, and created the Midas List Europe and Cloud 100 lists. I've written more than a dozen cover stories on business leaders including Marc Benioff, Patrick Collison and Melanie Perkins.
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