According to ChainCatcher, citing Fortune, the privacy blockchain project Miden, co-founded by former Meta engineers, announced on April 29, 2025, that it has completed a $25 million seed round funding. The round was led by the crypto division of Andreessen Horowitz, along with Hack VC and 1kx, with participation from Finality Capital Partners, Symbolic Capital, and multiple angel investors in the crypto space.
Polygon Labs did not directly invest but reached an agreement to allocate approximately 10% of Miden's future token issuance to Polygon token holders. Miden focuses on achieving transaction privacy through zero-knowledge proofs while maintaining blockchain performance and decentralization.
