Privacy DEX Brine Finance completes $16.5 million financing at a valuation of $100 million, led by Pantera Capital

ChainCatcher news, according to CoinDesk, the privacy DEX Brine Finance, supported by zero-knowledge proofs, has completed a $16.5 million funding round at a valuation of $100 million. This round was led by Pantera Capital, with participation from Elevation Capital, StarkWare Ltd, Spartan Group, Goodwater Capital, Upsparks Ventures, and Protofund Ventures.

It is reported that Brine Finance is supported by the Ethereum scaling system StarkWare and is a non-custodial, decentralized order book that enables a privacy platform for trading positions through zero-knowledge proofs. According to the crypto data platform RootData, Brine Finance launched its mainnet in April this year.