TechFlow news, according to CoinDesk, privacy-focused DEX project Brine Fi has raised $16.5 million at a $100 million valuation. The funding round was led by Pantera Capital, with participation from Elevation Capital, StarkWare Ltd, Spartan Group, Goodwater Capital, Upsparks Ventures, and Protofund Ventures.
Brine Fi is powered by StarkWare, the Ethereum scaling platform, and is a non-custodial, decentralized order book that enables privacy for trading positions using zero-knowledge proofs.




