TechFlow news, October 8 — According to Globenewswire, the on-chain digital identity platform TransCrypts announced today the completion of a $15 million seed funding round 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 efforts to optimize blockchain platforms for digital identity and credential verification, preventing AI-driven fraud and deepfakes from eroding online trust.
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