Nucleo, the first private, non-custodial, auditable multi-sig on Ethereum that provides the privacy infrastructure required for a new wave of organizations to go on-chain, today announced the close of its $4 million seed round. The round was led by Bain Capital Crypto and 6th Man Ventures, with participation from notable leaders in privacy infrastructure and zero-knowledge cryptography including Aztec Network, Aleo and Espresso Systems.

Started in 2021, Nucleo is the first private, non-custodial, auditable multi-sig on Ethereum and is building the privacy infrastructure required for organizations to go on-chain. With Nucleo, online individuals, communities, and organizations can enjoy privacy while also maintaining auditability and the benefits of being web3 native.