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About Opacity
Opacity Network is a zero-knowledge proof (ZKP) protocol focused on private data verification. Its core business enables users to prove facts about data sourced from web servers without revealing the underlying details. The technology combines zkTLS (zero-knowledge Transport Layer Security) for private data attestation, multi-party computation (MPC) for scalable verification, and economic security provided through EigenLayer.
The primary market pain point it addresses is the dilemma of data verification: traditional methods either expose sensitive information or rely on centralized trust. Opacity allows users to generate cryptographic proofs of data (e.g., account balances, identity attributes) while keeping the raw data secret, bridging Web2 data with Web3 applications. Its key competitive narrative is the combination of privacy-preserving zkTLS with the high security guarantees of EigenLayer's restaking mechanism.
Regarding development in the past six months (2026-03-01 to 2026-09-01), no specific milestones or updates were found in public sources. The project has faced general industry challenges, including the technical complexity of MPC and the dependency on TEE (Trusted Execution Environment) for certain operations, which have been points of discussion. However, no major negative events or controversies were identified within the specified timeframe. Note: there are other projects with similar names in the blockchain space, so this description applies strictly to Opacity Network (OpacityLabs).
Opacity Network was founded in 2024 to build a zero-knowledge proof (ZKP)-based data verification network. Its core technology is zkTLS (zero-knowledge transport layer security), which extends the standard TLS protocol by incorporating zero-knowledge proofs to verify data authenticity without revealing underlying details. It employs a multi-party computation (MPC) architecture alongside EigenLayer's actively validated services (AVS) as data verification mechanisms.
Key milestones in its development:
Completed a $1.4 million pre-seed round in 2024, laying the initial R&D foundation.
Built the zkTLS protocol, enabling conversion of Web2 data sources into on-chain verifiable data, providing developers with cross-platform data verification capabilities.
Completed a $12 million seed round in October 2024, co-led by Archetype and Breyer Capital, with participation from a16z Crypto Startup Accelerator (CSX), Finality Capital Partners, Bodhi Ventures, and Escape Velocity (EV3). The round was structured as a SAFE with a token warrant, bringing total funding to $13.4 million.
At the technical architecture level, Opacity employs a multi-layer verification system combining zkTLS and MPC, integrating EigenLayer's AVS as data verification nodes to form a decentralized verification network.
These milestones mark Opacity's transition from concept validation to actual deployment, with its funding scale and unique technical architecture laying the foundation for future growth.
Opacity Network (ZKP protocol) has advanced significantly in the past six months. Key developments include the mainnet launch of its Verified Data Network (VDN), enabling secure data sharing between web2 and web3 via zkTLS and MPC architecture. The protocol deepened its integration with EigenLayer, leveraging economic security to enhance trustlessness. Notable partnerships expanded use cases in decentralized identity and credit scoring, with real-world data verification now live across multiple sectors.
Future roadmap focuses on scaling MPC performance, reducing computational overhead, and optimizing zkTLS for faster proof generation. The team aims to introduce cross-chain data verification capabilities and expand VDN adoption in DeFi, insurance, and supply chain. Additionally, they plan to enhance anti-Sybil mechanisms through multi-web2-account binding and improve the challenge-response protocol to further mitigate collusion risks.
Opacity is also exploring advanced cryptographic techniques, such as vector oblivious linear evaluation, to enable efficient 1-of-N oblivious transfers, potentially reducing network overhead by 100x and enabling sub-second MPC-TLS proofs. These innovations position Opacity as a leading infrastructure for private, verifiable data exchange.
Co-founders:
Hersh Patel (Co-founder & CEO, Twitter: https://x.com/EulerLagrange). Previously founded multiple crypto projects; background in engineering and product.
Aaron Marz (Co-founder). No detailed public bio available; referenced as co-founder in official statements.
No other core executives with reliable public information were found.