Privacy blockchain Miden completes a $25 million seed round of financing, led by a16z

PANews reported on April 29 that according to Fortune, Miden, a privacy blockchain project co-founded by a former Meta engineer, announced on April 29, 2025, Beijing time, with a $25 million seed round of financing led by Andreessen Horowitz's crypto division, Hack VC and 1kx, with Finality Capital Partners, Symbolic Capital and several angel investors in the crypto field participating in the investment. Instead of investing directly, Polygon Labs reached an agreement to allocate about 10% of Miden's future token offering to Polygon token holders. Miden focuses on achieving transaction privacy through zero-knowledge proof, while taking into account the performance and decentralization of blockchain.