Zero-Knowledge Privacy Protocol Elusiv Raises $3.5M Seed Round Led by LongHash Ventures and State Stripities Ventures

According to U.Today, Elusiv, a zero-knowledge-based compliance privacy protocol, announced the completion of a $3.5 million seed round of financing, led by LongHash Ventures and State Stripities Ventures, with participation from Jump Crypto, NGC Ventures, Big Brain Holdings, Anagram, and Cogient Ventures, Equilibrium, Marin Ventures, Token Ventures, Moonrock Capital, Monkey Ventures, Solanafm, etc. Elusiv will use the financing to grow the team and bring its solutions to multiple blockchains. Elusiv said it has invented various new compliance systems that utilize zero-knowledge proofs and advanced cryptography to ensure compliance, and plans to introduce Elusiv Virtual Machines to enable developers to use zero-knowledge proofs in their applications.