Dai Lo Acquires Fractal, Aims to Bring ZK Privacy to Every Chain

Dai Lo is thrilled to announce the successful acquisition of Fractal, which marks a pivotal moment for the future of blockchain technology and privacy innovation.

Gary Mitchell, a contributor to Fractal, has announced the acquisition of the project by The Dai Lo, a team of transformation specialists.

The acquisition marks a pivotal moment for the future of blockchain technology and privacy innovation, according to Mitchell.

“Fractal should be part of every technology stack in DeFi, AI and others on every chain possible,” said Mitchell.

“Privacy is a killer app and should be an option on every application on every chain. Fractal aims to be used everywhere.”

Earlier this year, The Dai Lo set out to identify and support promising projects in the Bitcoin, UTXO, BRC20 and Runes ecosystems.

Fractal stood out as a project with vast potential but lacked the momentum to fully realize it, according to the team.

While Fractal had the capacity to operate independently as a layer-one or layer-two platform, its greatest value lies in serving as a foundational component for broader ecosystems, bridging blockchain and traditional Web 2.0 applications.

With privacy as a core focus, Fractal’s technology is uniquely positioned to redefine the market, according to Mitchell.

“It’s our belief that this project could achieve a $1 billion market cap or more,” said Mitchell.

“Our mission is to realize that potential and build a future where privacy is prioritized and celebrated.”

The Dai Lo is now tasked with revitalizing Fractal’s community, acknowledging past frustrations and aiming to rebuild trust.

In addition to expanding the community with new supporters who align with the project’s vision, the team is revisiting branding to return to Fractal’s roots as a privacy-focused project.

With cutting-edge zero-knowledge technology in the pipeline, the long-term goal is to make Fractal scalable, reliable and user-friendly, according to Yeolin Han.

“Privacy isn’t just a feature – it’s the foundation,” said Han.

“Fractal will empower users to decide what remains public and what stays private, revolutionizing on-chain transaction privacy.”

The acquisition follows the dissolution of Discreet Labs, the organization behind Fractal.

The Dai Lo expressed gratitude to all contributors who laid the groundwork for this development, especially Sam Harrison for his role in finalizing the deal.

The team invites the community to join them in shaping the future of FRA and blockchain innovation.

About Fractal Network

Fractal Network is a multi-layer network applying ZK cryptography at every level of the Web 3.0 stack.

Its technology powers secured DeFi, asset tokenization, on-chain identity, private transactions and more.

Through applied ZK encryption, Fractal aims to create a secure on-chain environment for all of Web 3.0.

Join the Fractal community on X, Telegram or Farcaster to learn more.

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