Coinbase Ventures participated in Cycles' $6.4M seed round to build an open, privacy-preserving clearing network for crypto markets and stablecoin payments.
Cycles is an open clearing protocol that allows participants to clear debts privately and securely without the need for a central counterparty or collateral
Cycles is an open clearing protocol that allows participants to clear debts privately and securely without the need for a central counterparty or collateral. It leverages advanced privacy technologies and algorithms to streamline financial obligations among trading firms.