Workflow
private blockchain rails
icon
Search documents
Crypto startup Seismic raises $10 million to help fintechs protect customer data
Yahoo Finance· 2025-11-12 13:00
Core Insights - Seismic aims to address the challenge of protecting sensitive financial data in the public blockchain environment, which is increasingly relevant as fintech companies adopt crypto solutions [1][3] Funding and Financials - Seismic raised $10 million in a funding round led by a16z crypto, bringing its total funding to $17 million [2] - The company’s valuation was not disclosed by its founder and CEO, Lyron Co Ting Keh [2] Company Mission and Strategy - The name "Seismic" reflects the company's goal to be deeply connected with customer needs and to achieve significant impact in the crypto space [3] - Seismic partners with Brookwell to provide private blockchain solutions for stablecoin transactions, ensuring customer data remains confidential [4] Competitive Landscape - Seismic competes with Tempo, a blockchain startup valued at $5 billion, but believes there is room for multiple players in the market [5] - The company differentiates itself by offering holistic solutions and actively engaging with clients to understand their broader needs beyond specific products [5]