💰 Paradigm leads $30 million funding for crypto privacy startup StarkWare
Israeli cryptography startup StarkWare just closed a $30 million equity funding round led by Paradigm - a crypto fund started by Matt Huang a former Sequoia partner and Fred Ehrsam the founder of Coinbase - and a number of other major investors, including including Consensys, Sequoia, and Scalar Capital. StarkWare, the company that developed the zk-STARKS privacy feature which compresses data while keeping the information private, is now working to commercialize the tech.
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