ZK Protocol Hinkal completes $1.4 million strategic round of financing, led by SALT Fund

ChainCatcher news, according to The Block, the ZK protocol Hinkal has completed a $1.4 million strategic funding round, led by SALT Fund, with participation from Draper Associates, SNZ Capital, and Peer VC.

Hinkal co-founder and CTO Nika Koreli stated that the structure of this funding round is a simple future equity (SAFE) and token warrant agreement, which brings Hinkal's valuation to $70 million.