what's Seismic?
Seismic is a privacy-enabled Layer 1 blockchain designed specifically for financial technology applications. It integrates encryption at the protocol level, including encrypted global state, memory access, and data flow, to ensure sensitive financial information remains private by default. Built on a compatible EVM architecture, it allows developers to use familiar Ethereum tools while incorporating zero-knowledge proofs and selective disclosure for verifiable privacy. This enables secure on-chain handling of transactions like payroll, loans, and payments without exposing details to public view. The platform addresses key barriers in crypto adoption for everyday finance by partnering with legacy systems and fintechs to provide compliant, scalable infrastructure. Trusted Execution Environments (TEEs) power its encrypted EVM, supporting use cases in private identities, gaming, and AI alongside finance. Backed by investors like a16z crypto and Polychain Capital, Seismic aims to unlock enterprise adoption by prioritizing usable privacy without compromising performance or interoperability.
Seismic integrated Chainlink Data Streams on testnet.
Links
x.com/seismicsysIntegrated Chainlink Data Streams on testnet.
Raised $17M in seed funding, with a $10M round led by a16z crypto and Amber Group, bringing total funding to $17M.
A16z crypto confirms upcoming mainnet launch while announcing they are leading the $10M funding round, with 1kx network identified as an early supporter.
Privacy L1 raises $10M in a funding round led by a16z crypto, per Fortune. (IDs: 1988593063346762062, 1988594701314994474)
Cred builds on platform, citing privacy features. Launched a builders program open to public, with vend_money selected as first participant.
Team seeks cross-chain yield streaming solution and offers to pay for it, acknowledging that early DeFi yield won't match Ethereum or Solana levels. Flagship applications ready to implement solution immediately.
Major VCs including a16z crypto and Polychain Capital complete seed funding round.
Active testnet development with $7M raised against $25-30M estimated value.
Active testnet launches with 0.5 ETH test tokens available for claiming; project secured $7M in funding.
Raised $7M seed round led by a16z Crypto to build new privacy blockchain.
Raised $7M for blockchain architecture focused on maintaining private state using secure hardware.