Monthly Update: December 2024
Table of Contents:
Fellow Panthers,
December marked another milestone month for Panther, featuring strategic partnerships, significant technological advancements, and increased visibility within the broader DeFi community through notable media appearances.
Read on below to learn about what happened in December:
Ecosystem Updates
Key partnerships were announced in Panther’s ecosystem, including with prospective Zone Managers and important media, research, and KOL outlets.
The Panther Protocol Foundation (PPF) announced agreements with two prospective Zone Managers, who, if successful, will operate their own logical confidential transaction partitions within Panther’s Shielded Pool. As part of the agreements, both parties will explore community building opportunities to promote these Zones and their transformative potential in the DeFi space.
Eurobit
PPF announced its partnership with Eurobit, a Spanish crypto exchange and Virtual Asset Service Provider (VASP). Under the agreement, Eurobit will apply to operate a dedicated Zone within Panther’s Shielded Pool. If successful, Eurobit would oversee end-to-end compliance within the Zone, including KYC/KYT processes, user allowlisting, and transaction limits, allowing its users to benefit from Panther’s Privacy-Enhancing technology (PET).
PureFi
Additionally, PPF entered into an agreement with PureFi, a KYC/KYT solutions provider for DeFi. This agreement expands on its existing role as an official Panther compliance partner also to include applying to operate its own Zone. If successful, PureFi would be poised to introduce enterprise users, including asset managers and institutions, to PET. This partnership leverages PureFi’s already-integrated compliance technology, strengthening a robust relationship and setting the stage for more secure and accessible DeFi services.
Messari
To further raise awareness among key demographics including prospective Zone Managers and high-end investors, Panther commissioned an independent report from Messari, a leading research and analysis platform. Published in late December, the report is a deep-dive into the technology, features, and functionality of the Panther platform, offering detailed insights into features like the UTXO model, zAssets, Zone Managers, and more. Messari reaches a subscriber base of over 350K and is distributed to over 740k users worldwide via Refinitiv, Bloomberg Terminal, AlphaSense and S&P Global Capital IQ.
The Street
Panther entered into a partnership with the Street, a popular financial publication with extensive crypto coverage, reaching 35M+ investors monthly. This collaboration provides access to their extensive network of influential KOLs who reach nearly 10M followers per week, as well as to their advertising network. The Street’s audience aligns well with ongoing efforts to attract more prospective Zone Managers, partners and users. The partnership kicked off in December, with resulting coverage to begin in 2025.
Technical Progress
December was a productive month for Panther Protocol’s technical development, with efforts focused on refining V1 and preparing for future updates. Following the completion of external testing, the team worked on addressing issues identified during quality assurance and audits, ensuring a stable and reliable foundation for the platform.
Development on V1.1 progressed steadily while planning for future iterations, including V1.2 and V1.3, also began.
Panther contributors continued refining technical requirements to support Zone Managers, whose role is integral to Panther’s compliance tools and confidentiality-enhancing framework.
Additionally, progress was made toward the planning of the forthcoming Canary Network (to be owned and operated by the forthcoming Swiss-based Panther Protocol Foundation), which will enable controlled testing of real assets and exploration of innovative features to strengthen the protocol further. The new, Swiss-based foundation is expected to provide more details about the Canary Network, including how to participate, in the near future.
Important announcements about Panther’s V1 technical development, with much of the work taking place in December, are also coming in early 2025, so stay tuned.
Panther in the Media
In December, Panther actively engaged with the media to raise awareness.
Panther was interviewed by Web3 TV to discuss the importance of privacy in DeFi. Co-Founder Dr. Anish Mohammed highlighted how selective disclosures can empower users while supporting the broader adoption of crypto technologies. Panther was also a featured interview on Market Movers on Fintech.TV, where co-founder Oliver Gale shared insights into how PETs are critical for building trust and driving institutional participation in DeFi.
In addition to these appearances, Dr. Mohammed represented Panther as it was featured in AI Business, examining the privacy risks that emerge as AI becomes more accessible. Panther was interviewed in December by outlets including Cointelegraph, Sky News Arabia, Bitcoin Magazine, and CNBC Arabia. These features, which are still to be published, are expected to provide additional visibility for Panther’s solutions and vision.
The recently released report by Messari, mentioned above, continues to draw attention. This independent analysis offers an in-depth look at Panther’s technology, including the UTXO model, zAssets, and Zone Managers, providing valuable insights for industry professionals, prospective Zone Managers, and partners.
Conclusion
Panther Protocol achieved significant milestones in December across multiple fronts, solidifying its position in the DeFi ecosystem. The launch of partnerships with prospective Zone Managers Eurobit and PureFi is an important step towards the protocol’s real-world application. With technical development progressing steadily, increased media coverage, and an independent Messari analysis being published, Panther continues to build momentum in its mission to bring compliant privacy solutions to DeFi.