# Cycles, a crypto financial infrastructure company, has completed a $6.4 million seed round.

*web3 · news · 2026-05-21 · Crypto News*

## Key points

- Cycles has raised $6.4 million in seed funding, bringing total funding to $8.7 million.
- Cycles is building a private clearing network using zero-knowledge proofs and trusted execution environments.
- Their clearing mechanism nets obligations across participants, reducing required liquidity and counterparty exposure.
- Major investors include Coinbase Ventures and Compound VC, signaling sustained interest in backend crypto infrastructure.
- Cycles' privacy-preserving approach addresses sensitive data concerns for institutions in crypto markets.

**Companies:** Coinbase, Cycles, Blockchange Ventures, Compound VC, Primitive Ventures

[Read the full story on Crypto News](https://crypto.news/cycles-raises-6-4m-to-build-private-crypto-clearing-network/)

---

Canonical: https://newsio.io/n/296e729c-4b38-4b8f-a471-428743ddb7c5/cycles-a-crypto-financial-infrastructure-company-has-completed-a-6-4-million-see
Summarized by Newsio from Crypto News. https://newsio.io/how-it-works