TechFlow news, September 1 — According to an official announcement from zkMe, privacy-compliant infrastructure provider zkMe has announced its annual recurring revenue (ARR) has surpassed $1 million, solidifying its position as the only fully decentralized identity provider compliant with FATF standards.
The company has processed over 1.7 million verifications across 30 blockchain networks and currently powers more than 80 projects, including industry-leading platforms such as Moca Network and Plume Network, as well as renowned partners like SlowMist.
"This ARR milestone proves that Web3 can achieve compliance without compromising privacy principles," said Alex Scheer, CEO of zkMe. The company's competitive edge lies in being the only fully decentralized solution compliant with FATF, a combination critical for mass Web3 adoption amid tightening global regulations. zkMe is committed to driving the next wave of mainstream cryptocurrency adoption through privacy-first infrastructure solutions.
