Accountable Raises $7.5 Million To Redefine Real-Time Financial Verification
Accountable, a company focused on bringing institutional-grade financial verification to the forefront of the digital asset space, has successfully secured $7.5 million in a funding round. This investment will fuel the expansion of its innovative Data Verification Network (DVN) and the development of its upcoming Proof of Solvency tools, solidifying Accountable’s position in the rapidly evolving world of decentralized finance (DeFi). The round was led by Pantera Capital, with significant participation from OKX Ventures, Onigiri Capital, KPK, and Auros.
Building the Next Generation of Verification Infrastructure
This new capital injection will allow Accountable to significantly grow its engineering team and accelerate the development of its core products. Key among these is the Data Verification Network (DVN), a system designed to allow institutions to demonstrate solvency in real-time. This is achieved through cryptographic methods that protect sensitive information and trading strategies. Accountable is also focused on rolling out institutional-grade products such as Vault-as-a-Service and advanced Proof of Reserves solutions, providing much-needed transparency and security in the crypto finance sector. This funding round follows a previous $2.3 million seed round in 2024, demonstrating the continued confidence of leading blockchain investors in Accountable’s vision and technology.
Accountable’s commitment to providing verifiable and transparent financial data is more critical than ever, particularly in light of past failures within the cryptocurrency ecosystem. By leveraging cryptography to build a robust and secure verification infrastructure, Accountable aims to redefine trust and accountability in the digital asset space, offering solutions that are crucial for the continued growth and stability of the industry.
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