# a16z Bets on Encrypted Blockchain Startup

*Author: Bankless*
*Published: Mar 6, 2025*
*Source: https://www.bankless.com/read/a16z-bets-on-encrypted-blockchain-startup*

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Venture firm a16z crypto has [led a $7 million funding round](https://www.seismic.systems/blog/seismic-secures-7m-led-by-a16z-crypto-to-build-the-encrypted-blockchain) for Seismic, a blockchain developer focusing on app-level encryption. The round included notable participants like Polychain, 1kx, dao5, and NGC. Seismic aims to enhance onchain privacy for financial and social applications by providing a foundational layer for app-level encryption.

## **What’s the Scoop?**
- **Funding Round Initiated**: a16z crypto led a $7 million funding round for Seismic, focusing on encrypted blockchain technology.
- **Strategic Partners**: Participants included Polychain, 1kx, dao5, and NGC, supporting Seismic's vision for enhanced onchain privacy.
- **Innovative Approach**: Seismic's blockchain focuses on app-level encryption to provide new use cases for financial and social applications.

> I’m excited to announce that we’re leading a $7M round in [@SeismicSys](https://twitter.com/SeismicSys?ref_src=twsrc%5Etfw). Seismic has created a blockchain architecture with a new approach that is based on secure hardware for maintaining private state.In a typical business, trusted intermediaries are able to aggregate and… [pic.twitter.com/KshHTh91NR](https://t.co/KshHTh91NR)— Ali Yahya | alive.eth (@alive_eth) [March 6, 2025](https://twitter.com/alive_eth/status/1897656906396708954?ref_src=twsrc%5Etfw)
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