Privacy-focused high-performance blockchain Miden announces $25 million seed round led by a16z
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News: Miden, a privacy blockchain project co-founded by former Meta engineer Bobbin Threadbare, recently announced the completion of a $25 million seed round, led by a16z's crypto division, Hack VC, and 1kx. Other investors include Finality Capital Partners, Symbolic Capital, and notable angel investors such as Aptos co-founder Avery Ching. The funding was conducted through equity and token warrants, with 10% of the cryptocurrency to be issued by Miden allocated to Polygon token holders. Miden aims to maintain high performance and decentralization while protecting transaction privacy through zero-knowledge proof technology. (Fortune)
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