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a16z Bets on Encrypted Blockchain Startup

The new startup Seismic aims to launch its chain with base layer encryption.
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Mar 6, 20251 min read

Venture firm a16z crypto has led a $7 million funding round for Seismic, a blockchain developer focusing on app-level encryption. The round included notable participants like Polychain, 1kx, dao5, and NGC. Seismic aims to enhance onchain privacy for financial and social applications by providing a foundational layer for app-level encryption.

What’s the Scoop?

  • Funding Round Initiated: a16z crypto led a $7 million funding round for Seismic, focusing on encrypted blockchain technology.
  • Strategic Partners: Participants included Polychain, 1kx, dao5, and NGC, supporting Seismic's vision for enhanced onchain privacy.
  • Innovative Approach: Seismic's blockchain focuses on app-level encryption to provide new use cases for financial and social applications.

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