According to The Block, dark pool trading company Renegade completed a $3.4 million seed round of financing led by Dragonfly and former AngelList CEO Naval Ravikant. Other individual investors include Lily Liu (Balaji Srinivasan), Tarun Chitra (Robot Ventures), Marc Bhargava (Tagomi) and Lev Livnev (Symbolic Capital Partners). Renegade is developing an on-chain version of a dark pool trading solution based on multi-party computation (MPC) and zero-knowledge proofs, aiming to improve execution prices in DeFi by preventing behaviors such as front-running, sandwich attacks, and arbitrage.