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HomeDeFi & NFTStanford-backed company Hinkal introduces a crypto wallet that hides transactions on-chain

Stanford-backed company Hinkal introduces a crypto wallet that hides transactions on-chain

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Introducing Hinkal’s Invisible Wallet: A Game-Changer for Private Transactions in the Crypto Space

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Hinkal’s Invisible Wallet enables private transactions with decentralized apps and is fully DeFi compatible.

Summary of Key Features

Summary

  • Hinkal has launched the Invisible Wallet, a privacy-focused wallet that hides on-chain transactions, enables private interactions in decentralized apps, and is fully compatible with DeFi.
  • The wallet supports Ethereum, Arbitrum, Polygon, Base and Optimism, is planned to be expanded to additional networks and can be accessed via a secure browser extension for private transactions.
  • The launch comes as concerns about privacy in the crypto space grow, highlighted by the theft of over $2.17 billion in the first half of 2025 due to exposed addresses.

In a press release shared with crypto.news, Hinkal, a blockchain privacy company based at Stanford and Binance MVB, introduced the Invisible Wallet, which aims to provide users with complete privacy in digital transactions. The wallet hides transaction histories and enables on-chain purchases without revealing financial activity. This is achieved through advanced data protection technologies including zero-knowledge proofs, stealth addresses, and trusted execution environments.

“We believe privacy is a fundamental right. Consumers would not share their bank statements with strangers, and there is absolutely no reason why digital transactions should face similar scrutiny,” said Georgi Koreli, co-founder and CEO of Hinkal.

Hinkal’s wallet is compatible with Ethereum, Arbitrum, Polygon, Base, and Optimism and plans to expand to other EVM-based networks. Users can access the crypto wallet via a secure browser extension, enabling private interactions across decentralized applications while retaining full functionality.

Addressing Growing Privacy Concerns in the Crypto Space

The launch of Hinkal’s Invisible Wallet comes amid growing privacy concerns in the crypto space. Traditional crypto wallets publicly disclose transaction histories, making users targets for theft. In the first half of this year alone, over $2.17 billion worth of cryptocurrencies were stolen from publicly visible addresses.

The need for privacy is made even clearer by the increasing popularity of projects like Zcash, which uses a cryptographic technique called zk-SNARKs that allows users to prove the validity of a transaction without revealing the underlying data.

For more information about Hinkal’s Invisible Wallet and its features, please visit the official source link.

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