Company intelligence
hinkal
Universal Privacy for Stablecoins
About hinkal
Multi-chain privacy for stablecoin payments. $1bn+ confidential volume. 7× audited. Backed by leading investors. Hinkal enables confidential payments, settlements, and payouts across public chains - including Ethereum, TRON, Solana, and major EVM networks. CEXs, PSPs, OTC desks, wallets, neobanks, and dApps use Hinkal’s core products - API/SDK, Hinkal Pay/Prime, and Wallet - to offer compliant privacy without requiring wallet, asset, chain, custody, or workflow changes. Incubated at Stanford and Binance MVB. Backed by Draper Associates, SALT, SNZ Capital, NGC Ventures, Quantstamp, and other leading funds. Trusted by MPCVault, Utila, Aquanow, Polygon, Request Finance, Omypayments, Rubic, and more. Privacy infrastructure for on-chain finance, built for real-world adoption.
Verified activity
Signals from hinkal
14 published signals
Presence & Recognition
Hinkal co-founder Georgi Koreli spoke on The Privacy Show with Cat McGee and Maximillian Jungreis on Solana Foundation and Plug and Play Ventures.
Reported by hinkal
Partnerships
hinkal reports that 21 banks announced a joint company to issue a regulated USD stablecoin on public blockchains.
Reported by hinkal
Capital & Finance
hinkal reports that seven US banks put $32.5M into Cari Network, an Ethereum L2 for tokenized commercial deposits.
Reported by hinkal
Research & Knowledge
hinkal published a research paper titled 'The next layer of stablecoin infrastructure becomes important' in Source FXC Intelligence.
Reported by Georgi Koreli
Research & Knowledge
hinkal published a digest of stablecoin and payments announcements from 31 August to 4 September 2026 covering tokenised deposits, yield cards, and coverage.
Reported by hinkal
Customers & Market
hinkal saw MAU grow 38% month over month, WAU 21%, and DAU 9% in August.
Reported by Georgi Koreli
Customers & Market
hinkal reached 7-day retention of 28.6% and 30-day retention of 17.7% in August.
Reported by Georgi Koreli
Partnerships
hinkal joined Plug and Play Fintech & XDC Network accelerator to enable bank level privacy for actual banks and FIs.
Reported by Georgi Koreli
Partnerships
Hinkal launched a bug bounty program on HackenProof for independent security researchers to report critical vulnerabilities across its core smart contracts and zero-knowledge circuits.
Reported by hinkal
Customers & Market
hinkal reported that retention climbed to 28.6% of users coming back within 7 days and 17.7% within 30 days.
Reported by hinkal
Customers & Market
hinkal reported that monthly actives increased by 38%, weekly actives increased by 21%, and daily actives increased by 9% in August.
Reported by hinkal
Products & Services
hinkal launched Hinkal Wallet now supporting BNB Chain with features including two accounts, shield and unshield, send with sender, recipient, and amount hidden, swap from private, swap and bridge from public, and fully self-custodial.
Reported by hinkal
Presence & Recognition
hinkal co-founder and CEO Georgi Koreli joined Cat McGee and Plug and Play Ventures on The Privacy Show to explain the privacy bet and its current playing out.
Reported by hinkal
Products & Services
hinkal added a new feature allowing users to move assets directly from centralized venues including CEXs and PSPs using CEX-style custody to private accounts without integration required
Reported by Georgi Koreli