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Fortune

Marco Quiroz-Gutierrez

Proven raises $15.8 million to rebuild trust in crypto with zero-knowledge proofs

Crypto Framework Ventures

(Credit: Courtesy of Proven)

Over the past year, trust has been lacking in the crypto industry. One startup, Proven, is trying to change that with new technology.

The New York City-based company, which was founded in 2022, on Thursday announced a $15.8 million funding round led by Framework Ventures that will help it develop its product and grow its team to 12 or 15 people by the end of 2023.

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