Holonym Foundation completes $5.5 million seed round financing, led by Finality Capital and others.

Sep 6, 2024 02:46:52

the centralized network digital identity security development organization Holonym Foundation announced the completion of a $5.5 million seed round financing. This round of financing was led by Finality Capital and Paper Ventures, with participation from Draper Dragon, Arrington Capital, Lightshift, and others.

Holonym Foundation focuses on applying cryptographic innovations and has developed three core protocols: Mishti Network, Zeronym, and Silk.

Holonym co-founder Shady El Damaty stated that they are building human-centered technology principles, aiming to create a global open-source layer that enhances the digital identity capabilities of every citizen through cryptography.

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