Series A · Fintech · Berlin, Germany · Founded 2021 · 10–15 employees
Violet is a Berlin-based protocol that provides privacy-preserving compliance and identity infrastructure for DeFi applications. The company builds a Layer 2 identity protocol where individuals and institutions can maintain legally compliant identities while preserving anonymity, creating whitelisted wallets and serving as an oracle for compliant addresses. Violet raised $15 million in funding in March 2023 and has a total of $18.5 million raised, with notable investors including Balderton Capital, Coinbase Ventures, and BlueYard Capital. The platform enables on-chain compliance as a service and aims to help DeFi navigate regulatory requirements while broadening access for both institutions and individuals.
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