Houdini Swap, a Kingstown, St. Vincent-based provider of solutions for compliant anonymous digital asset swapping and sending, received $250K in funding.
The round was led by Theia Blockchain.
The company intends to use the funds for product development, new hires for tech & marketing, and to support the $POOF token buyback program.
Led by Lou Waroo, Houdini Swap is a compliant privacy tool and infrastructure layer that allows users to anonymize crypto transactions. Users can securely send, swap, or bridge tokens without revealing their private wallets. By using Monero as a tunnel, the company anonymizes blockchain transactions ensuring there is no traceable connection between the sending wallet and receiving wallet. The project is integrated with 20+ blockchain protocols.
Houdini Swap is one of the most widely used privacy tools in DeFi, generating over $50,000,000 in swap volume since inception and $21M in the past 2 months. With the recent release of their API, it is transitioning to become an infrastructure layer, offering privacy as a service to protocols, DEXs, wallets, projects, and other web3 commerce.
FinSMEs