Safle Secures Funding and Expands Its Cross-Chain Identity Solution

Monday, 8 July 2024, 03:01

Safle, a self-sovereign identity protocol and non-custodial wallet, has undergone leadership changes and successfully secured funding to further develop its innovative cross-chain identity solution. The recent round of funding, valued at $77M, highlights Safle's commitment to enhancing digital identity security and interoperability across multiple blockchains. The company's growth trajectory and strategic direction position Safle as a leading player in the evolving landscape of decentralized digital identity solutions.
Pymnts
Safle Secures Funding and Expands Its Cross-Chain Identity Solution

Overview of Safle's Growth

Safle, a self-sovereign identity protocol and non-custodial wallet, has recently experienced significant developments.

Leadership Restructuring

Leadership changes have been implemented to steer Safle towards its strategic vision.

Funding Milestone

The recent funding round, valuing Safle at $77M, signifies a crucial step in the company's expansion.

  • Safle aims to enhance cross-chain identity solutions.
  • The company emphasizes security and interoperability in the digital identity realm.

Through these initiatives, Safle is solidifying its position in the decentralized identity market.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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