ZK solvency proof company Proven has completed a $15.8 million seed round financing, led by Framework Ventures

2023-03-09 21:38:59

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ChainCatcher news, providing zero-knowledge proof technology to enable cryptocurrency companies to demonstrate solvency. The company Proven has completed a $15.8 million seed round financing, led by Framework Ventures, with participation from angel investors such as Balaji Srinivasan, Roger Chen, and Ada Yeo.

Reportedly, Proven claims that its "solvency proof" allows companies to show assets and liabilities without the need to publicly disclose their balance sheets. (source link)

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