ChainCatcher reports that Web3 privacy protocol Inco has completed a $5 million strategic financing round, led by a16z crypto CSX, with participation from Coinbase Ventures, 1kx, Orange DAO, South Park Commons, and Script Capital.
It is understood that Inco provides a privacy layer that seamlessly integrates with existing blockchains, allowing developers to choose to use this encryption layer to build confidential dapps.