Inci increases $ 5 million in a strategic round led by A16Z CSX to accelerate web 3 confidentiality, launches incom Lightning on the basis of Sepolia

ImpregnateThe project building the missing confidentiality layer for the Blockchain battery, announced today a 5 million dollars financing tour led by Andreessen Horowitz Cryptup Startup Accelerator (A16Z CSX). The increase welcomes new Coinbase Ventures investors and sees the support for monitoring existing investors 1Kx Capital, Orangedao, South Park Commons and Capital Script. This round provides total funding for incom to $ 10 million.

Increwing from various cryptographic techniques to build a confidential calculation protocol for existing blockchains. Their first product, Incom Lightning, is designed to provide confidentiality to any Onchain application. Propelled by a verifiable calculation in an environment of confidence execution (TEE), Inclightning offers confidentiality without compromising the performance required by areas such as real -time games, high frequency challenge and private transactions. Inci aims to take care of several L1 and L2 blockchains in the future, starting with Ethereum and Base before spreading to other ecosystems.

“After having solved problems such as the scalability and abstraction of the chain, confidentiality remains the last challenge for blockchains,” said Remi Gai, founder of Inc. “Just as SSL / TLS has transformed the Internet by making secure and encrypted communication, the standard, incredible a new confidentiality paradigm for blocks of blocks, empowerment of applications to integrate confidentiality directly into commercial logic, risk management and compliance. Incorporate confidentiality as a distinct modular layer preserves the performance of time without relieving.

According to recent research by paradigm, a lack of privacy remains One of the three main challenges preventing Tradfi companies from entering decentralized finance – despite the fact that two thirds of them are actively interested in entering space. Inci intends to solve this problem by allowing confidential payments of Stablecoin and by maintaining composibility, which will allow the creation of a new private challenge ecosystem in addition to the new primitive confidential token, including loans and trading.

Increlining is used as the initial product offer, focusing on speed and applications sensitive to latency via t-shirts. The wider vision of Inc includes the supply of an additional and distinct solution taking advantage of completely homomorphic (FHE) encryption to offer ONCHAIN ​​programmable confidentiality in a way without confidence, which should be launched later this year.

Inc has obtained significant momentum since its previous series of seeds in February 2024 through multiple achievements, in particular:

• Collaborating with Circle Research to describe a confidential ERC20 token standard for compliant confidentiality.

• Foundation of the association of confidential tokens alongside OpenZeppelin and Zama to establish standards on the scale of the industry for confidential tokens.

• Join the ERC3643 association and implement a confidential version of the standard to improve real assets (RWAS) with confidentiality and compliance features.

• Attract strategic partnerships with Tally, Blocklive and Toku to empower use cases such as Confidential Onchain Voting, Private Event Ticket and Sucléd Payroll Solutions.