TechFlow News — Cryptocurrency startup Nocturne Labs has announced a $6 million seed funding round, co-led by Bain Capital Crypto and Polychain Capital. Participants include Ethereum co-founder Vitalik Buterin, Bankless Ventures, Hack VC, and Robot Ventures, with the goal of bringing private accounts to the Ethereum ecosystem.
Co-founder and CEO Luke Tchang said the round consisted of equity with token warrants, but declined to comment on valuation.
According to sources, Nocturne is developing a protocol designed to enable users to transact anonymously within the Ethereum ecosystem. Using zero-knowledge proof technology, users can prove ownership of funds and use them for payments, trading, gambling, and other transactions.
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