Seismic announced it has secured $7 million in funding led by a16z crypto.

Cryptocurrency blockchain developer Seismic announced that it has secured $7 million in funding led by a16z crypto, with participation from Polychain, 1kx, dao5, and NGC. Seismic is building a blockchain that supports application-layer encryption to enhance on-chain privacy and expand applications in finance, social interactions, and more. (TheBlock)