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Hinkal

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Hinkal is a self-service dApp and SDK that allows liquid funds, institutions, whales, and consumers

Stanford, United StatesFounded 2023Other B2B Software

Valuation $10–25M Last recorded · 2025

Headcount <100 Current team size

Total funding $10–50M Disclosed equity funding

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About Hinkal

Hinkal is a self-custodial protocol that allows for private transactions on public blockchains. The company has developed a suite of solutions including a consumer-facing decentralized application (dApp) and a software development kit (SDK) for developers. The core of the service is a smart contract on the Ethereum blockchain that accepts deposits in ETH and ERC-20 tokens. These deposits can then be withdrawn in a way that obscures the link between the deposit and the withdrawal, ensuring user privacy.

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The company's business model is geared towards both individual users seeking privacy for their transactions and institutional clients that require confidentiality for their on-chain activities. For individuals, Hinkal offers a user-friendly dApp that simplifies the process of making private transactions. For businesses and developers, the Hinkal SDK allows for the integration of its privacy features into other applications and services. The company operates in the decentralized finance (DeFi) sector, a rapidly growing market within the broader cryptocurrency industry. Hinkal generates revenue through fees charged on transactions that use its protocol.

Source: Dealroom company data