Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Self Labs Secures $9M Seed Funding for Privacy Protocol

Self Labs Secures $9M Seed Funding for Privacy Protocol

Coinlineup2025/11/14 04:24
By:Coinlineup
Key Points:
  • Seed funding for Self Labs, initiates rewards program.
  • Zero-knowledge proofs enhance identity verification.
  • Boosted compliance for DeFi and enterprises.

Self Labs secures $9 million in seed funding to advance its zero-knowledge identity protocol, attracting investments from Greenfield Capital and leading Web3 figures. This funding supports privacy-focused identity verification solutions for DeFi and enterprise compliance.

Points Cover In This Article:

Toggle
  • Leadership and Vision
  • Partnerships and Expectations
  • Regulatory Implications

Self Labs, a provider of zero-knowledge identity protocols , has raised $9 million in seed funding from institutional and Web3 leaders and launched a points-based rewards program for its privacy-preserving verification infrastructure.

Self Labs’ funding supports expanding privacy verification infrastructure, aiming at broadening support, especially across Africa.

Leadership and Vision

CEO Eric Nakagawa leads Self Labs, aiming to advance secure, privacy-oriented identity protocols. Backers include Greenfield Capital and notable Web3 figures. Eric Nakagawa stated, “Our mission centers on secure, privacy-preserving humanity and identity verification, which is increasingly vital as Web3 platforms seek sybil resistance and OFAC compliance.”

Partnerships and Expectations

Partners such as Google Cloud and Aave expect boosted user engagement and sybil resistance. The initiative complements previous investments in identity protocols, impacting governance tokens. As an Investor spokesperson from Greenfield Capital noted, “Zero-knowledge proofs are redefining trust in digital systems.”

Regulatory Implications

There’s potential for new compliance frameworks, while regulatory interest may increase with expanded global integration.
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Blockchain Betting's Legal Challenge: Is It Considered Gambling or a Derivative?

- NBA star Tristan Thompson advocates blockchain-based sports prediction markets, aligning with DeFi's potential to transform fan engagement. - Kalshi faces legal scrutiny as a federal judge questions whether its event contracts qualify as derivatives under U.S. commodity laws. - Blockchain startups like Ideosphere and Portage Biotech explore prediction markets for scientific funding, leveraging tokenized assets and staking revenues. - Regulatory ambiguity over derivatives vs. gambling risks stifling innov

Bitget-RWA2025/11/15 21:52
Blockchain Betting's Legal Challenge: Is It Considered Gambling or a Derivative?

From Spectator to Participant: How Prediction Markets Are Transforming the Way Fans Interact with Sports

- NBA star Tristan Thompson predicts prediction markets will boost sports viewership by integrating real-time betting into broadcasts. - FanDuel launches a standalone app with CME Group , offering sports and economic prediction contracts while addressing regulatory and consumer protection concerns. - Polymarket partners with UFC and NHL to introduce live prediction scoreboards, transforming passive viewing into interactive trading during events. - Growing industry adoption by Google, Yahoo Finance, and pla

Bitget-RWA2025/11/15 21:36
From Spectator to Participant: How Prediction Markets Are Transforming the Way Fans Interact with Sports

Federal Judge Blocks Trump’s Attempt to Pressure UC Through Funding

- A federal judge blocked Trump's plan to defund UC over antisemitism claims, citing First and Tenth Amendment violations. - The $1.2B funding demand and civil rights investigations were deemed coercive tactics to suppress "woke" academic views. - UC warned the financial threat would devastate its research programs, while critics called the strategy authoritarian. - The ruling preserves UC's funding but leaves unresolved tensions over government influence in higher education.

Bitget-RWA2025/11/15 21:36
Federal Judge Blocks Trump’s Attempt to Pressure UC Through Funding

Ethereum News Today: Ethereum’s Unyielding Approach: Shutting the Door on Centralization

- Ethereum co-founders release "Trustless Manifesto" on blockchain to reinforce decentralization amid ecosystem centralization risks. - Document encoded in ownerless smart contract emphasizes self-custody, public verifiability, and rejecting convenience-driven centralization. - Warns against AWS outages and hosted RPCs creating single points of failure, citing 25% throughput loss on Coinbase's Base chain. - Critiques Paradigm's growing influence and institutional staking risks, proposing DVT to mitigate ce

Bitget-RWA2025/11/15 21:36
Ethereum News Today: Ethereum’s Unyielding Approach: Shutting the Door on Centralization