Silent Protocol

Overview
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Enterprise Blockchain Solutions?
Product stageSegments
Go-to-Market
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Security and identity management
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Silent Protocol is a Turkish startup that develops a scalable privacy layer for decentralized applications. The solution removes the requirement to swap liquidity from existing pools and enables enterprises to scale their dApps using zero-knowledge solutions to ensure data privacy. Developers can use the platform to enable users of their applications to anonymously communicate with other network operators from their MetaMask. Furthermore, the platform enables users to integrate its full-stack privacy solution onto their dApps without writing any new code.

In July 2023, the company announced its plans to launch a framework named “EZEE” (Economical Zero-Knowledge Execution Environment) in early Q4. EZEE will act as a sandbox environment for enterprises to test privacy-compliant solutions on top of their existing dApps.

Funding and financials

In July 2023, Silent Protocol raised USD 5 million in new funding led by Sora Ventures to expand its network and cater to traditional enterprises by constructing a security layer for dApps that is compliant with MiCA (Markets in Crypto-Assets) regulations in the EU.

HQ location:
Istanbul TUR
Founded year:
2021
Employees:
-
IPO status:
Private
Total funding:
USD 5.0 mn
Last Funding:
USD 5.0 mn (Series Unknown; Jul 2023)
Last valuation:
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