<h2>Zug, Switzerland, October 19, 2023</h2>
<a href="https://link.swisstronik.com/3ql">Swisstronik</a>, an emerging blockchain startup, has closed a $5 million seed funding round to accelerate the development of its Compliance Suite and privacy-focused layer-one blockchain. Itt aims to simplify regulatory compliance for blockchain-based solutions through innovative decentralization techniques.

Founded by Valerii Brizhatiuk and Mike Antonuk, Swisstronik gained early support from industry experts like Constantin Guggi and Anton Polianski. Their blockchain experience dates back to 2016, bolstering Swisstronik's mission to make regulatory compliance accessible and cost-effective amid a complex regulatory environment.

Recent surveys by Deloitte and PwC highlight the growing need for compliance and data privacy in enterprise blockchain adoption. Swisstronik directly addresses these concerns through features like decentralized identity management and built-in privacy protocols leveraging zk-SNARKs and Intel SGX technology.

The private token sale saw participation from MAQ Capital, one of the first institutional investors to acquire $500,000 worth of Swisstronik's utility token, SWTR. This private sale enables early participation in Swisstronik's compliance ecosystem.

Beyond the capital injection, this seed round validates Swisstronik's vision to simplify compliance and protect data privacy amid evolving regulations. The multi-sectoral experience of its founders also suggests Swisstronik’s potential to disrupt non-blockchain industries. As indicated in a BIS report, industries like healthcare and real estate may benefit from the blockchain’s multi-vector impact to meet their compliance obligations.

Swisstronik has scheduled a public token sale in Q2 2024, offering the community an opportunity to engage with the platform before its mainnet launch. The private sale is also open until mid-2024 for strategic partnerships.
<h2>About Swisstronik</h2>
Swisstronik is a Switzerland-based startup building decentralized solutions to simplify compliance management and protect sensitive data for <a href="https://www.cryptoknowmics.com/news/use-of-blockchains-and-stablecoins-is-set-to-increase-by-2030/" target="_blank" rel="noopener">blockchain</a>-based systems. The company aims to make regulatory adherence efficient and cost-effective for enterprises.

For additional information and to learn more, please visit:

<a href="https://link.swisstronik.com/3ql" target="_blank" rel="noopener">Swisstronik website </a>

<a href="https://link.swisstronik.com/385" target="_blank" rel="nofollow noopener">Swisstronik on X</a>

<a href="https://link.swisstronik.com/7nn" target="_blank" rel="nofollow noopener">Swisstronik on Discord </a>

<a href="https://link.swisstronik.com/p7t" target="_blank" rel="nofollow noopener">Swisstronik on LinkedIn</a>
<h2>Contact</h2>
CPO

Valerii Brizhatiuk

contact@swisstronik.com

Swisstronik Closes $5 Million Seed Funding to Launch Compliance Suite for Blockchain

Swisstronik, an emerging blockchain startup, has closed a $5 million seed funding round to accelerate the development

Sujit received his Bachelors in Science from the LNMU Darbhanga. He is currently working as a Content Strategist. He has more than three years of professional experience in information systems, security policies, technologies, and Cryptocurrency. He has published 6 books in the area of information security and assurance. He has published more
than 50 research articles in leading journals Regarding the Latest and Breaking Crypto News and updates. His research interests include access control, computer forensics, Digital Marketing, Web development, business hacks, player experience, and virtual storytelling.

Swisstronik Closes $5 Million Seed Funding to Launch Compliance Suite for Blockchain

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