News on January 10: Identity protocol Onflow developer Sundial announced the completion of a strategic Pre-Seed round of financing led by Figment Capital, with participation from Coinbase Ventures, Avalanche, and others. This round of financing will support the continued development of its privacy-respecting identity protocol Onflow.

According to reports, Sundial aims to build applications and infrastructure for the entire stack, having launched the ZK ID solution Onflow last November.