PANews reported on October 8 that according to Globenewswire, blockchain digital identity platform TransCrypts announced the completion of a US$15 million seed round of financing, led by Pantera Capital, with participation from Lightspeed Faction, Alpha Edison, Motley Fool Ventures, California Innovation Fund and a group of angel investors. The new funds will support its optimization and construction of a blockchain platform for digital identity and credential verification to prevent artificial intelligence fraud and deep fake technology from eroding network trust.PANews reported on October 8 that according to Globenewswire, blockchain digital identity platform TransCrypts announced the completion of a US$15 million seed round of financing, led by Pantera Capital, with participation from Lightspeed Faction, Alpha Edison, Motley Fool Ventures, California Innovation Fund and a group of angel investors. The new funds will support its optimization and construction of a blockchain platform for digital identity and credential verification to prevent artificial intelligence fraud and deep fake technology from eroding network trust.
TransCrypts, a blockchain-based digital identity platform, has secured $15 million in seed funding led by Pantera Capital.
2025/10/08 20:37
PANews reported on October 8 that according to Globenewswire, blockchain digital identity platform TransCrypts announced the completion of a US$15 million seed round of financing, led by Pantera Capital, with participation from Lightspeed Faction, Alpha Edison, Motley Fool Ventures, California Innovation Fund and a group of angel investors. The new funds will support its optimization and construction of a blockchain platform for digital identity and credential verification to prevent artificial intelligence fraud and deep fake technology from eroding network trust.
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