TransCrypts, a blockchain-based digital identity platform, has raised $15 million in a seed funding round led by Pantera Capital. The funding round also saw participation from Lightspeed Faction, Alpha Edison, Motley Fool Ventures, California Innovation Fund, and several angel investors. The capital will be used to enhance and build a blockchain platform focused on digital identity and credential verification, aiming to combat artificial intelligence fraud and deep fake technology threats to network trust.
TransCrypts Secures $15 Million Seed Funding Led by Pantera Capital
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