Carv secures strategic investment led by HashKey Capital

ChainCatcher news, the Self-Sovereign Identity (SSI) oracle and data sharing protocol Carv announced earlier this year that it has received strategic investments from HashKey Capital and a large global technology company.

It is reported that CARV was established at the end of 2021, dedicated to empowering users with data ownership and fairly profiting from the use of their data in a privacy-preserving manner. With the introduction of Data to Earn, users can gain value through the CARV protocol in two forms: passive income from historical data and active income from brand engagement and participation. CARV's products include an intent-driven, composable Self-Sovereign Identity (SSI) oracle and incentive data sharing platform CARV Protocol, as well as the AI-driven super app CARV Play.

According to the crypto data platform RootData, in November 2022, Carv completed a $4 million financing round led by Vertex Ventures, a subsidiary of Temasek.