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Elusiv

Last updated: Dec 08, 2022

Next generation privacy for web3. Elusiv is a Zero-Knowledge privacy protocol for privately sending and receiving funds on-chain with a big focus on compliance.

Seed Funding Round: $3.5 Million

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Overview

Project industry	Privacy & Security / Solana Ecosystem / Web 3.0 / Protocol
Product type	Protocol
Founded	Switzerland

What is Elusiv

We are excited to announce Elusiv — a compliance in mind zk-based protocol for sending and receiving SOL or SPL-tokens on Solana privately. What this means exactly and why the Solana ecosystem urgently needs such a solution is outlined in the following paragraphs.

Elusiv is a payment layer built on top of Solana that is optimised for privacy.

Elusiv is building the ground layer for more sensitive transactions to happen on-chain. Enabling privacy in a compliant manner so blockchains can eventually gain wider adoption. Their focus on strong integration partnerships will help bring this closer to the average user, while Elusiv VMs allow developers to deploy their own ZK-proofs in a cost-effective way.

Our decade-long vision is for Elusiv to become the backbone of the blockchain financial ecosystem — providing everyday users & merchants with privacy while still maintaining safety through low-trade-off compliance solutions.