PANews reported on January 10 that Sundial, the developer of the identity protocol Onflow, announced the completion of a strategic Pre-Seed round of financing led by Figment Capital, with participation from Coinbase Ventures, Avalanche, etc. This round of financing will continue to develop its privacy-respecting identity protocol Onflow.

According to reports, Sundial aims to build applications and infrastructure for the entire stack, and it launched the ZK ID solution Onflow in November last year.