Seismic, a crypto privacy infrastructure startup, has raised $10 million in a funding round led by a16z crypto, with contributions from Polychain, Amber Group, TrueBridge, dao5, and LayerZero. This latest round brings Seismic's total funding to $17 million. Founded by CEO Lyron Co Ting Keh, the company focuses on protecting sensitive user data, such as salaries and rent, from exposure on public blockchains through advanced encryption technologies.
Seismic has already established partnerships with stablecoin account platform Brookwell and private lending service provider Cred to offer private blockchain payment solutions. The new capital will be used to expand Seismic's services, including fiat currency gateways and a crypto card project. The company aims to start generating revenue by the first quarter of 2026, with a transaction fee of 1 cent. Seismic's main competitor is Tempo, which is valued at $5 billion.
Seismic Secures $10 Million in Funding Led by a16z Crypto
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