Seismic, a blockchain startup founded by Lyron Co Ting Keh, has raised $7 million in a funding round led by a16z Crypto, with participation from Polychain, Alliance, and 1kx. This is Seismic's first startup, and the funds will support the development of its mainnet, expected to launch by the end of the year, and the release of a developer testnet within a month. The team includes six engineers. Seismic aims to address two major challenges in the crypto space: forced transparency and limited scalability. Its blockchain architecture incorporates secure hardware to maintain private states, enabling applications to operate with enhanced privacy and scalability, including encrypted apps. The funding underscores the broader momentum in privacy-focused blockchain solutions, as projects like Iron Fish and DoubleZero also work on advancing privacy and scalability in decentralized networks. DoubleZero recently raised $28 million in a token round co-led by Dragonfly Ventures to build a dedicated fiber network for blockchain infrastructure.