PANews reported on April 25 that according to Inco's official news, Inco announced the completion of a strategic round of financing of US$5 million led by a16z crypto CSX and participated by Coinbase Ventures, with a total financing amount of US$10 million. Inco focuses on solving blockchain privacy issues and is committed to allowing users to perform operations such as salary payments and Texas Hold'em on the chain without disclosing sensitive information. At present, its first product "Inco Lightning" has been launched on the Base Sepolia test network.

Inco completes $5 million strategic round of financing, dedicated to on-chain privacy technology