On April 24, 2025, Inco, a project building the universal confidentiality layer for web3, announced a $5 million funding round led by Andreessen Horowitz Crypto Startup Accelerator (a16z CSX). The raise welcomes new investor Coinbase Ventures and includes follow-on support from existing investors 1kx Capital, OrangeDAO, South Park Commons, and Script Capital. This round brings Inco's total funding to $10 million. Wilson Sonsini Goodrich & Rosati advised Inco on the transaction, as well as its prior fundraises.

Inco is leveraging various cryptographic techniques to build a confidential compute protocol for existing blockchains. Its first product, Inco Lightning, is designed to provide confidentiality to any onchain application.

The Wilson Sonsini team that advised Inco on the transaction included Jonathan Chan, Peter Bratton, and Kelly Stern.

For more information, please see Inco’s news release.