In accordance with Crypto.News, Seismic has raised $10 million in a funding round led by a16z, bringing its total capital to $17 million. The blockchain startup aims to address privacy barriers that prevent fintechs from using public blockchains for sensitive services like private credit and cash accounts. The round also included Polychain, dao5, Amber Group, TrueBridge Capital, and LayerZero Labs. Seismic is developing an encrypted blockchain with privacy embedded at the protocol level, allowing smart contracts to process sensitive data without exposing it on a public ledger. Early partners include Brookwell and Cred Protocol. The company plans to start generating revenue through per-transaction fees in early 2026.
Seismic Raises $10M to Build Encrypted Blockchain for Fintech Privacy
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