“The last few months have highlighted an issue that has long plagued both traditional financial and digital asset firms – efficiently fostering trust with customers while maintaining a necessary level of privacy. The absence of this has led to significant distrust and, of course, contagion,” said Proven co-founder Richard Dewey in the press release. “We designed Proven to be a win-win solution that enables customers and regulators to have confidence in their exchanges, lenders, asset managers and stablecoins while at the same time protecting sensitive customer information,” he added.
Source: https://www.coindesk.com/business/2023/03/09/zero-knowledge-crypto-startup-proven-raises-158m-in-seed-round/?utm_medium=referral&utm_source=rss&utm_campaign=headlines