The Dai Lo has announced the acquisition of Fractal Network
Dai Lo has officially announced the successful acquisition of Fractal, marking a significant milestone in the blockchain technology and privacy innovation space. After months of strategic negotiations, following the completion of this undisclosed amount acquisition, Dai Lo will be able to fully leverage Fractal's cutting-edge ZK technology to drive forward its future vision.
This acquisition includes Fractal's technology assets, token reserves, intellectual property, and its core community. By integrating these resources, Dai Lo plans to build upon the foundation laid by Fractal's founders, continuing to expand and introduce transformative technical solutions.
“Fractal should be a key part of every DeFi, AI, and other on-chain tech stack. Privacy tech is a killer app and should be an opt-in on every chain and every app.” Gary Mitchell stated.
Fractal's Strategic Outlook
Earlier this year, Dai Lo began exploring innovative projects within the Bitcoin, UTXO, BRC20, and Runes ecosystems. Fractal emerged with immense potential but had yet to fully realize this potential.
While Fractal has the capability to function as an independent Layer 1 or Layer 2 platform, its greatest value lies in being a foundational component of the entire ecosystem, bridging blockchain technology with traditional Web2 applications. With the core advantage of privacy tech, Fractal's technology is poised to redefine the market landscape.
“We believe this project has the potential to achieve a market cap of over $1 billion,” expressed Gary Mitchell, the informal leader of Dai Lo. “Our goal is to help this project reach its potential and build a privacy-first future.”
Get to Know Dai Lo
Dai Lo is a team of transformation experts dedicated to discovering potential projects and driving their success.
Gary Mitchell (@GuyGaryMitchell): With a wealth of entrepreneurial experience, Mitchell has extensive knowledge of the Ethereum, Cardano, and Solana ecosystems, and is fully committed to the Fractal project.
Yeolin Han (@yeonglihan): As a technical genius in the UTXO Chain and RGBPP field, Han's technical capabilities will play a crucial role in unlocking the full potential of Fractal.
The team also includes around 10 developers focused on AI, ZK, and other technologies.
Future Development
The team's top priority is to revitalize Fractal's community. Due to past management issues that led to user dissatisfaction, Dai Lo has committed to rebuilding trust, enhancing transparency, and attracting a new wave of supporters to drive community growth and expansion.
Additionally, the team is reshaping the brand image, reaffirming Fractal's core positioning as a privacy-first project. With advanced zero-knowledge technology being gradually rolled out, the team's long-term goal is to ensure that Fractal achieves breakthroughs in scalability, reliability, and user experience.
"Privacy is not just a feature but a foundation," Yeolin Han stated. "Fractal will empower users with control over both public and private information, revolutionizing the way on-chain transactions are privately protected."
Gary Mitchell added, "Fractal should be a key part of every DeFi, AI, and other on-chain tech stack. Privacy tech is a critical application and should be an option in every app on every chain."
Acknowledgments and Future Outlook
With the dissolution of Discreet Labs, the entity behind Fractal, Dai Lo expresses gratitude to all contributors who facilitated this acquisition. Special thanks to Sam Harrison for his significant contributions during the deal-making process.
Dai Lo is excited about Fractal's future development and plans to take the project to new heights. The team warmly invites community members to join them in driving innovation in $FRA and blockchain technology together.
About Fractal Network
Fractal Network is a multi-layered network dedicated to applying zero-knowledge encryption at various levels of the Web3 ecosystem. Our technology supports secure DeFi, asset tokenization, on-chain identity verification, private transactions, and more. By applying zero-knowledge encryption, Fractal is providing security across every aspect of Web3. Join our X, Telegram, or Farcaster community to learn more.
Contact Information
Contact Person
Gary Mitchell
Fractal
You may also like
Morning Report | Vitalik outlines Ethereum's long-term roadmap, Lean Ethereum will become the third major iteration; SK Hynix seeks to attract more AI investors by listing in the U.S
The impact of OUSD on Circle, Tether, and Paxos: not a single negative factor, but a more complex reshaping of competition
Li Feifei's latest long article: When video generation, robots, and NVIDIA all claim to be world models, we need a taxonomy
Blaming the desolation of the cryptocurrency world on the rise of AI is a form of intellectual laziness
Strategy Founder: The Next 10 Years of Bitcoin
Forbes Special Report: Stablecoin cross-border payments are faster now, but not cheaper yet
A valuation of 8 billion dollars, doubling in 8 months! What makes the crypto-friendly bank Erebor Bank stand out?
340 billion valuation: Li Yanhong's largest IPO, a seat in Kunlunxin's shares is hard to come by
Stablecoins are the "royalists" of the crypto world: Open USD brings the old currency system into play
Cape Verde 2-3 Argentina: The Underdog Team That Stunned the World in Defeat
Cape Verde's run ended in a 3-2 defeat to Argentina, but their journey — three unbeaten draws, one heroic goalkeeper, and a fight that pushed the defending champions to the brink — is the kind of story markets recognize too: small caps can rattle blue chips long before anyone expects it.
Semiconductor stocks plummet, yet Anthropic wants to create a 2nm chip
Where is Zhao Changpeng's billion-dollar investment going? YZi Labs' investment landscape fully revealed
Ethereum Foundation Report: A Basic Guide to Ethereum for Governments and Financial Institutions
A pre-announced harvesting case: After the cryptocurrency price dropped by 99%, the public chain Saga exited to transform into AI
When American giants collectively "defect" from Chinese AI models
BIS Report Compliance Observation: The Real Risks of Stablecoins, Not Just "Depegging"
Portugal 2-1 Croatia: Ronaldo's 20-Year Knockout-Stage Drought Ends With a Debt Finally Collected
Portugal beat Croatia 2-1 in the 2026 global football championship's knockout rounds as Ronaldo scored his first-ever knockout-stage goal, Gonçalo Ramos struck a stoppage-time winner, and VAR ruled out a late equalizer for offside.
Bitcoin Price Prediction July 2026: Will BTC Recover to $70K or Drop Below $55K?
Morning Report | Vitalik outlines Ethereum's long-term roadmap, Lean Ethereum will become the third major iteration; SK Hynix seeks to attract more AI investors by listing in the U.S
The impact of OUSD on Circle, Tether, and Paxos: not a single negative factor, but a more complex reshaping of competition
Li Feifei's latest long article: When video generation, robots, and NVIDIA all claim to be world models, we need a taxonomy
Blaming the desolation of the cryptocurrency world on the rise of AI is a form of intellectual laziness
Strategy Founder: The Next 10 Years of Bitcoin
Forbes Special Report: Stablecoin cross-border payments are faster now, but not cheaper yet
