Cloaked is a self‑custodial crypto wallet that uses stealth addresses and privacy pools to hide balances and transaction history on public blockchains. It lets users receive funds via unique, automatically generated addresses and aggregate them into an incognito pool, while developers can integrate privacy‑preserving payments through a REST API and SDK.
Funding
Funding not disclosed
Founders
Product
Problem
On public blockchains, wallet addresses and transaction histories are openly visible, exposing users' balances, spending patterns, and counterparties. This lack of privacy deters individuals and developers from conducting on‑chain activity without revealing their financial behavior.
Solution
Cloaked offers a self‑custodial wallet that integrates stealth addresses and privacy pools to conceal on‑chain activity. Users can create or connect a passkey‑secured account, receive funds through automatically generated unique stealth addresses, and aggregate balances in an incognito pool with no direct on‑chain link to the original deposits. The platform also provides an API and SDK, enabling developers to add stealth address payments and privacy‑preserving transfers to their applications with minimal code. Transactions are routed through Porto smart accounts, allowing fee payment in‑kind and automatic change routing to new stealth addresses, preserving privacy while maintaining full control of funds.
Target Audience
Primary users are privacy‑concerned cryptocurrency holders and developers building on‑chain applications who need confidential transaction capabilities.
Features
- Browser‑based wallet with passkey or wallet login, generating stealth addresses per payment via ENS subdomains
- Privacy pools that pool funds into compliant incognito balances, breaking the on‑chain traceability of deposits
- Automatic input selection and change routing to new stealth addresses to avoid address reuse
- In‑kind fee payment using the sent token when ETH is unavailable, reducing friction for token transfers
- REST API and SDK for server‑to‑server integrations, supporting JWT or API‑key authentication and encrypted key exchange via HPKE
- Compatibility with Farcaster mini‑app, bringing stealth address privacy to social crypto platforms