The startup has developed a blockchain protocol that enables private, asset-agnostic cash transactions through decentralized counterparty discovery and atomic multi-chain settlement. This technology allows users to securely and privately exchange cryptocurrencies at market rates while facilitating bartering among multiple parties.
Funding
$25M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
+3Founders
Product
Problem
Current cryptocurrency transactions lack privacy, and users often need a trusted third party to facilitate multi-chain swaps and bartering, exposing them to potential risks and compromising decentralization. Existing solutions also lack efficient counterparty discovery for complex, multi-asset exchanges.
Solution
This startup offers a blockchain protocol designed for private, asset-agnostic cash transactions through decentralized counterparty discovery and atomic multi-chain settlement. The protocol employs an intent-centric architecture, allowing users to define the desired outcome of a transaction, which the system then executes securely and privately across multiple chains. This approach facilitates cryptocurrency exchange at market rates and enables bartering among multiple parties without relying on intermediaries. The system ensures information flow control and secure settlement, enhancing user privacy and control over their transactions.
Target Audience
The primary target audience includes cryptocurrency users seeking enhanced privacy and security for their transactions, as well as decentralized finance (DeFi) platforms and exchanges looking to offer private trading and multi-chain settlement capabilities.
Features
- Decentralized counterparty discovery for efficient matching of complex transaction intents.
- Atomic multi-chain settlement ensuring secure and simultaneous exchange of assets across different blockchains.
- Intent-centric architecture allowing users to define desired transaction outcomes.
- Private transaction capabilities to protect user data and financial information.
- Support for asset-agnostic transactions, enabling the exchange of various cryptocurrencies and digital assets.