Opacity
Opacity is a New York-based, pre-launch startup developing a Zero-Knowledge cryptography platform for capital markets infrastructure, enabling privacy-preserving credentialing and compliant issuance of financial products with DeFi composability for issuers and market participants.
- Company typePrivate
- Founded2024
- HeadquartersNew York, United States
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Opacity does
Opacity is a New York-based, privately held startup founded in 2024 that is developing a Zero-Knowledge (ZK) cryptography-based platform for capital markets infrastructure. The company's stated mission is to rebuild the rails for capital markets by enabling the issuance of compliant financial products with global distribution, real liquidity, and DeFi composability. Its core product concept centers on one-time private credentialing that allows users and issuers to prove attributes (such as accreditation or compliance status) on public networks without repeatedly exposing underlying personal or financial data.
The platform's underlying technology is grounded in Zero-Knowledge proof techniques for data verification, a cryptographic approach that lets counterparties verify claims without revealing the underlying information. Opacity positions the product as a single unified infrastructure layer, with DeFi composability enabling interoperability with decentralized finance protocols. The product is currently in pre-launch ("coming soon") status as of the available data, with no publicly documented API, SDK, or production integrations.
The business model is not yet disclosed: no pricing, no revenue model, no customer segments, and no named customers are available in the input data. The company operates with a small team of 1-10 employees and has not yet commercialized. Demand generation is limited to an email newsletter capturing early-access signups ahead of the platform launch. In October 2024, Opacity closed a $12 million seed round led by Archetype and Breyer Capital, with participation from a16z crypto, Bodhi Ventures, Escape Velocity, Finality Capital Partners, and North Island Ventures; an earlier $1.4 million round in 2024 is also reported. The company has no parent, no subsidiaries, and operates as an independent venture-backed entity.
Opacity firmographics
Firmographics- Name
- Opacity
- Legal name
- Opacity
- Website
- https://opacity.network
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Opacity is a New York-based, pre-launch startup developing a Zero-Knowledge cryptography platform for capital markets infrastructure, enabling privacy-preserving credentialing and compliant issuance of financial products with DeFi composability for issuers and market participants.
- Ownership category
- akta.pro rank
Opacity industry classification
Industry- Product category
- Capital Markets Infrastructure Software
- NAICS
- Software Publishers (513210), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Institutional DeFi & On-Chain Liquidity Infrastructure (Permissioned DeFi, Lending) (FSAGAMAG)
- akta.pro secondary industry
- Issuer Services & Securities Issuance/Immobilization Platforms (FSAFAGAG)
Keywords
Where Opacity is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Markets served
Opacity business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel
Marketing channels1 record
Opacity product offering
Product offeringCore offering
Opacity is building a software platform that uses Zero-Knowledge cryptography to rebuild capital markets infrastructure. The platform enables the issuance of compliant financial products with global distribution, real liquidity, and DeFi composability, and offers one-time private credentialing for access on public networks.
Product overview
Opacity is a single unified platform rebuilding the rails for capital markets. The platform enables issuance of compliant financial products with global distribution, real liquidity, and DeFi composability, and provides one-time private credentialing for access on public networks. Currently in pre-launch (coming soon) status.
Differentiator
Problem solved
Functional benefit
Products and services
- Opacity Platform A unified platform for rebuilding capital markets infrastructure, enabling issuance of compliant financial products with global distribution, real liquidity, and DeFi composability, featuring one-time private credentialing for access on public networks. Targeted at financial product issuers and capital markets participants.
Companies that use Opacity
Customer profileIdeal customer profiles1 record
Opacity technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Opacity partnerships and signals
Strategic signalScale indicators1 record
Recent moves3 records
Expansion highlights4 records
Opacity competitors and assessment
Company assessmentDirect peers
- Centrifuge: Centrifuge tokenizes real-world assets and brings them on-chain with DeFi liquidity, mirroring Opacity's goal of enabling compliant financial product issuance with global distribution and DeFi composability.
- Securitize: Securitize is a tokenization platform for issuing and managing compliant digital securities, directly comparable to Opacity's issuer-side value proposition of rebuilding capital markets rails with DeFi composability and credentialing.
- Maple Finance: Maple Finance is an institutional DeFi credit platform with permissioned pools, comparable to Opacity's vision of compliant, credentialed access to on-chain capital markets infrastructure.
- Ondo Finance: Ondo Finance issues tokenized yield-bearing products and structured financial instruments on public chains with institutional-grade compliance, overlapping directly with Opacity's target of compliant on-chain capital markets products.
- Polymath: Polymath provides infrastructure for issuing compliant security tokens, addressing the same issuer-services and regulatory compliance niche Opacity targets.
- Provenance Blockchain: Provenance Blockchain is purpose-built for financial product issuance and servicing on-chain, an end-to-end capital markets stack comparable to Opacity's unified platform vision.
- tZERO: tZERO operates tokenized securities issuance and trading infrastructure for private and public companies, directly comparable to Opacity's capital markets rail thesis.
Broad incumbents
- Polygon Labs: Polygon provides ZK-based scaling and infrastructure for institutional-grade blockchain applications, including tokenization, making it an incumbent whose tooling competes with parts of Opacity's stack.
- R3 (Corda): R3's Corda platform provides enterprise-grade capital markets infrastructure for issuance, settlement and servicing, an incumbent analog to Opacity's mission of rebuilding capital markets rails.
Others
- Chainalysis: Chainalysis provides compliance and surveillance infrastructure for digital assets, an adjacent enabling player whose compliance focus intersects with Opacity's private credentialing and regulatory positioning.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Opacity social profiles
Digital presenceOpacity financial estimates
Financial estimateRevenue estimate
Valuation estimate
Opacity leadership team
Management profileNumber of profiles
Opacity funding detail
Funding detailFunding overview
Funding rounds2 records
Investors8 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Opacity M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Opacity
What does Opacity do?
Opacity is building a software platform that uses Zero-Knowledge cryptography to rebuild capital markets infrastructure. The platform enables the issuance of compliant financial products with global distribution, real liquidity, and DeFi composability, and offers one-time private credentialing for access on public networks.
Is Opacity a public or private company?
Opacity is a private company. It is classified as venture growth investor backed and is currently operating.
When was Opacity founded?
Opacity was founded in 2024. It employs 1 to 10 people.
Where is Opacity based?
Opacity is headquartered in New York, United States, in the North America region.
Who are Opacity's main competitors?
Direct peers on record are Centrifuge, Securitize, Maple Finance, Ondo Finance, Polymath, Provenance Blockchain and tZERO. Broad incumbents are Polygon Labs and R3 (Corda). Chainalysis is listed as an others.
Does Opacity have an API?
No public API is recorded for Opacity.
What industry is Opacity in?
Opacity's product category is Capital Markets Infrastructure Software. Its primary akta.pro industry code is FSAGAMAG, Institutional DeFi & On-Chain Liquidity Infrastructure (Permissioned DeFi, Lending), with a secondary code of FSAFAGAG, Issuer Services & Securities Issuance/Immobilization Platforms. Its NAICS code is 513210 and its SIC code is 7370.