Singularity is a permissioned institutional DeFi access layer that utilizes zero-knowledge proofs to obfuscate wallet addresses, allowing users to conduct on-chain transactions with commercial confidentiality. The platform ensures compliance by requiring KYC/KYB verification for all participating wallets, enabling secure and private digital asset transfers without linking identities to wallet addresses.
Funding
$3.3M 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.
GCFounders
Product
Problem
Institutions engaging in decentralized finance (DeFi) often require commercial confidentiality, but standard on-chain transactions reveal wallet addresses, hindering privacy. Existing DeFi protocols lack built-in mechanisms to obfuscate transaction details while maintaining regulatory compliance.
Solution
Singularity provides a permissioned DeFi access layer that leverages zero-knowledge proofs to obfuscate wallet addresses, enabling institutions to transact on-chain with commercial confidentiality. The platform requires KYC/KYB verification for all participating wallets, ensuring compliance with regulatory standards. Users can access existing DeFi liquidity while keeping their wallet addresses hidden on-chain. Singularity supports a range of non-custodial wallets and allows users to conduct OTC trades within the Singularity contract for complete obfuscation.
Target Audience
Singularity is designed for institutional users such as liquid funds, venture funds, asset managers, and OTC desks who require commercial confidentiality for their on-chain DeFi transactions.
Features
- Wallet address obfuscation using advanced zero-knowledge circuits built with Noir
- KYC/KYB verification via third-party providers to ensure regulatory compliance
- Support for non-custodial wallets, including MetaMask, Fireblocks, and Gnosis Safe
- Integration with major DeFi protocols for leveraging existing on-chain liquidity
- Multi-asset support for any ERC20 and ERC721 tokens
- On-chain analysis to ensure wallets are not on any sanctioned or blacklists
- OTC swaps and transfers within the Singularity contract for complete transaction obfuscation