Keyring Network Raises $6M in Funding

Keyring Network

Keyring Network, a London, UK-based company providing permissioning tools for financial service providers, raised $6M in funding.

The round was led by gumi Cryptos Capital and Greenfield Capital, with participation from Motier Ventures, Kima Ventures, and early backers including UDHC Finance and Eberg Capital, alongside angel investors.

The company intends to use the funds to expand operations and its business reach.

Launched in 2022, Keyring equips financial service providers with permissioning tools for compliant transactions on-chain, powered by zero-knowledge privacy, allowing financial organisations to selectively connect with compliant counterparts. The solution is powered by zero-knowledge (ZK) technology to ensure institutional-grade privacy and security around sensitive data.

Recent strategic partnerships include FeverTokens, Backed, Angle Protocol, and Singularity.

FinSMEs

18/03/2024