According to ChainCatcher, the Holonym Foundation, a centralized network digital identity security development organization, announced the completion of a $5.5 million seed round of financing. This round was led by Finality Capital and Paper Ventures, with participation from Draper Dragon, Arrington Capital, Lightshift and other institutions.
Holonym Foundation focuses on innovation in applied cryptography and has developed three core protocols: Mishti Network, Zeronym, and Silk.
Holonym co-founder Shady El Damaty said they are building on human-centric technology principles with the goal of creating a global open source layer that enhances every citizen's digital identity capabilities through cryptography.
