PANews reported on November 19th that xbow, a developer of compliant privacy protocols, announced the completion of a $3.5 million seed funding round led by Starbloom Capital, with participation from Coinbase Ventures, Boost VC, Status, and several well-known investors. xbow's Privacy Pools protocol, launched in March 2025, achieves on-chain privacy and regulatory compatibility through zero-knowledge proofs and a real-time compliance layer (ASP), and has processed over $6 million in transactions to date. The protocol was recently integrated into Kohaku, a wallet launched by the Ethereum Foundation.