Provable Inc. (“Provable”), the corporate behind Defend Pockets and Aleo, backed by established traders in monetary know-how and cryptography, immediately introduced Defend Swap, a non-custodial buying and selling venue designed to guard delicate monetary data whereas supporting compliance.
Starting immediately, establishments, companies, and authorities entities can request early entry at protect.fi.
Confidential positions. Verifiable markets.
Public blockchains expose data that skilled buying and selling companies ordinarily shield, together with pockets balances, portfolio composition, transaction historical past, and buying and selling methods. Defend Swap is designed to maintain that participant-level data confidential with out obscuring the market itself.
Pool reserves, commerce costs, transaction sizes, and costs stay publicly verifiable. A participant’s identification, balances, portfolio, and hyperlinks between transactions stay shielded.
Defend Swap’s shared anonymity set strengthens as participation grows. Individuals can entry their very own wallet-level data by owner-controlled view keys, together with balances, portfolio composition, and unrealized revenue and loss.
Compliance with out public publicity
Defend Swap produces an encrypted compliance report for each commerce. Transfers of supported dollar-denominated stablecoins additionally generate transaction-specific information.
Utilizing view keys and selective disclosure, members can share the knowledge required by a regulator, auditor, or counterparty with out exposing their whole monetary historical past. This permits companies to display compliance whereas preserving the confidentiality of unrelated positions and transactions.
The venue at present helps the world’s first confidential and compliant stablecoin, USDCx on Aleo, a dollar-denominated stablecoin backed 1:1 by USDC held in Circle xReserve. As well as, the venue additionally helps belongings equivalent to Wrapped Bitcoin, Ethereum, Solana, and Aleo in its beta interval.
“Critical buying and selling companies don’t publish their books or broadcast their positions. But public blockchains have pressured market members to do exactly that,” stated Howard Wu, founder and CEO of Provable. “Defend Swap takes a special strategy: market exercise stays verifiable, whereas identities, portfolios, and methods stay confidential. Compliance is constructed into the system reasonably than added after the very fact.”
Defend Swap opens to early entry on Monday, August 17, 2026, with a public launch anticipated for This fall 2026.
About Defend Swap
Defend Swap is a non-custodial institutional buying and selling venue for confidential, compliant digital asset markets. It retains market exercise publicly auditable whereas defending participant identities, portfolios, and buying and selling methods. Selective disclosure offers members management over who can entry their monetary data and for what objective.
About Provable
Provable builds confidential and compliant infrastructure for monetary markets. Its merchandise embrace Defend Pockets and Defend Swap, and Provable can also be the workforce behind Aleo, a Layer-1 blockchain powered by zero-knowledge cryptography. Provable develops the cryptographic methods, protocol infrastructure, and software program that allow confidential transactions with programmable disclosure. Extra data is on the market at provable.com.
Early entry is on the market at protect.fi.
Authorized Disclaimer: Nothing herein must be construed as funding, authorized, tax or every other type of recommendation. Previous efficiency shouldn’t be indicative of future outcomes.
The submit Provable Opens Early Entry to Defend Swap, a Confidential Buying and selling Venue Constructed for Compliance appeared first on BeInCrypto.