PANews reported on December 31 that according to The Block, Accountable, a startup on-chain credit analysis supported by ZK technology, has completed a $2.3 million seed round of financing, led by MitonC and Zee Prime Capital, with participation from angel investors such as Darius Rugys of Maven 11 and DCBuilder of Worldcoin Foundation. This round of financing will be used to pay employee salaries, and a new round of financing is planned for the second quarter of 2025. Accountable is committed to building a privacy-protected data platform, providing borrowers with real-time verification of assets, liabilities, and transaction exposure through technologies such as zero-knowledge proofs and homomorphic encryption. Users can connect to custodial accounts, exchanges, etc. to generate credit risk reports and decide on the scope of sharing. The company's goal is to rebuild the uncollateralized loan ecosystem affected by the collapse of the crypto credit market in 2022 while ensuring privacy and data security. Accountable's technology can also be applied to scenarios such as proof of assets and liabilities to provide institutions and users with real-time and confidential financial information verification.
On-chain credit analysis company Accountable completes $2.3 million seed round of financing
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