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Privacy Layer 1 Network Swisstronik Completes $5 Million in Seed Round Financing

Privacy Layer 1 network Swisstronik has announced on social media that it has completed a $5 million seed round of financing. Two investors, Constantin Guggi and Anton Polianski, have joined the team as co-founders and executives.

Swisstronik is building a secure network, oracle, and authorization system that complies with legal and privacy regulations, with a focus on privacy and decentralization. The new funding will drive its mainnet launch in 2024. In addition, Swisstronik has launched a token private sale round, with participation from UAE venture capital firm MAQ Capital Home.

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