Portal Gate Rebrands as Singularity, Targets Institutional Market
In a world where digital security and confidentiality are increasingly becoming more important, as a leader in zero-knowledge-proof technology for secure institutional access to decentralized finance (DeFi), we are embarking on a transformative journey.
Today, we proudly announce our strategic rebranding to Singularity. This rebrand is not merely a change of name; it represents our emphasis on serving the institutional market, offering state-of-the-art capabilities for our users to engage in DeFi while ensuring their commercial confidentiality.
Why Singularity?
The concept of a singularity — a moment of infinite potential and transformative advancements — perfectly encapsulates our vision. It reflects our ambition to redefine wallet obfuscation and secure commercial confidentiality across all on-chain activities.
By leveraging zero-knowledge proofs to obscure transfers, swaps, liquidity provisioning, staking, and more, Singularity ensures that every transaction remains secure and discreet, whilst allowing users to interact with existing on-chain pools to leverage the growing liquidity in the broader DeFi space.
Jemma Xu, Co-Founder of Singularity, emphasizes, “The evolution from Portal Gate to Singularity marks a new era for institutional engagement in DeFi. With us, accessing the vast opportunities in DeFi doesn’t compromise privacy. This is particularly important for our target market of liquid funds, asset managers, market makers, and VCs.”
Zero-Knowledge Proof Technology at the Core
At the heart of Singularity’s innovation is our zero-knowledge proof technology leveraging Noir-based zero-knowledge circuits. This technology is the cornerstone of our platform, enabling institutions to participate in DeFi markets securely and confidentially. It enables institutions to verify transactions and meet regulatory requirements without disclosing sensitive commercial information.
What Changes and What Remains?
The transition to Singularity is accompanied by a fresh visual identity that mirrors our commitment to confidentiality, security, and innovation within the institutional market. Despite these exciting changes, our core mission remains steadfast: to provide secure, compliant access to DeFi, empowering institutions to navigate blockchain technology confidently and confidentially.
Looking Forward
As we step into the future as Singularity, we are not just embracing a new name but also a renewed commitment to leading the charge in secure, compliant, and confidential DeFi access. Our team is continuously working on innovative solutions that will shape the future of financial technology.
We have an exciting roadmap ahead, we look forward to sharing it with you in the coming weeks and months.
About Singularity:
Singularity is a compliant institutional DeFi access layer that provides access to popular protocols for institutional on-chain participants with commercial confidentiality. Users will have their wallet addresses obfuscated while leveraging existing DeFi liquidity. Singularity uses the state-of-the-art UltraPLONK proof system with zero-knowledge circuits based on Noir.
