Privacy layer for Web3
Open for applications
Privacy layer for Web3
21-100 employees
Open for applications
21-100 employees
Aztec's mission is to unleash the full potential of decentralized technologies by building an open, privacy-first network with no compromises.
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Dec 2022
$100m
SERIES B
Dec 2021
$17m
SERIES A
Aztec is on a mission to bring consumer privacy to DeFi, which it executes by using Ethereum based data compressing zero-knowledge rollups. Leveraging Aztec, users can use popular DeFi apps with total privacy.
There’s been a lot of discussion about Crypto privacy of late. Supporters deem it essential, while sceptics suggest that malicious actors might abuse their privacy. Indeed, Aztec has had to recently overcome some difficulty when popular exchange FTX blocked accounts that were linked to the protocol.
However, if cryptocurrencies are to become mainstream – and maintain their safety – it seems that better privacy will be required, which puts Aztec in a good position to become an important player in the industry. Its $100 million December 2022 funding will go some way to achieving its lofty aims.
Freddie
Company Specialist at Welcome to the Jungle