According to ChainCatcher, ZK protocol Hinkal completed a strategic round of financing of US$1.4 million, led by SALT Fund, with participation from Draper Associates, SNZ Capital and Peer VC.

The financing, structured as a simple agreement for future equity (SAFE) and token warrants, values ​​Hinkal at $70 million, said Nika Koreli, Hinkal’s co-founder and chief technology officer.