The startup develops a cryptocurrency platform that enables private blockchain networks to be accessible globally, utilizing a fast syncing technique to ensure transaction privacy. This technology supports low-resource clients, such as mobile devices and websites, allowing users to maintain cash-like privacy in a digital economy.
Funding
$32.1M 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.
Founders
Product
Problem
Existing blockchain networks often lack robust privacy features, making transaction details and asset ownership transparent and vulnerable to surveillance. This lack of privacy can deter users who require confidentiality for regulatory compliance, competitive advantage, or personal security.
Solution
Iron Fish is a Layer-1 blockchain that provides optional privacy for crypto assets, enabling users to transact securely and anonymously. The platform utilizes zero-knowledge proofs to encrypt transaction data, allowing users to maintain control over their financial information. Iron Fish supports multi-asset transactions, enabling the private transfer of various crypto assets across different EVM-compatible chains through bi-directional bridging. The network is designed to be censorship-resistant and accessible, with a focus on compliance through sanction screening and real-time threat detection.
Target Audience
The primary audience includes individuals and organizations seeking private and secure cryptocurrency transactions, as well as developers looking to build privacy-focused applications on a blockchain platform.
Features
- Zero-knowledge proofs for transaction privacy and data encryption
- Multi-asset support for private transfers of various crypto assets
- Bi-directional bridging to 20+ EVM-compatible chains
- Node app for desktop-based asset management and node operation
- OreoWallet for secure and private browser-based transactions
- Sanction screening and real-time threat detection for compliance
- Open-source codebase for community-driven development and transparency