Labyrinth and 0xbow announce strategic partnership
0xbow and Labyrinth, two startups dedicated to the enablement and adoption of onchain privacy, are proud to announce our new strategic partnership and integration of 0xbow association sets into Labyrinth’s shielded account and compliance solution.
In a world where privacy and compliance are often seen as opposing forces, Labyrinth and 0xbow are teaming up to enhance our compliance capabilities to balance privacy and regulation by integrating 0xbow’s Association Sets into Labyrinth.
This isn't just a small step for privacy—this is a giant leap for making on-chain privacy legitimate and secure for everyone while keeping the bad guys out. With this integration, we’re ensuring that privacy in decentralized finance (DeFi) doesn’t come at the expense of compliance. Let’s break it down.
What is 0xbow?
0xbow is the premier project dedicated to Association Sets, providing on-chain compliance and AML for the legitimization of on-chain privacy for everyone. Association Sets are a ZK-proof-based solution enabling users to prove non-association with illicit activities or sanctioned addresses. Through using association sets, privacy protocols such as Labyrinth can help keep their users safe from commingling or associating with the on-chain activity of known bad actors. What Does Labyrinth Do?
What is Labyrinth?
Labyrinth is a multi-chain modular framework for shielded addresses (private accounts) on Ethereum and other EVM chains. Private accounts enable users to perform all the activities they're accustomed to in DeFi: Transfer, Swap, Staking, Yield farming, Lending, Batch transactions for payroll, Token vesting, etc, while keeping their balance and actions private with simplified UX. Furthermore, Labyrinth has innovated on a compliance framework for allowing selective de-anonymization by a regulatory authority when demanded by building a network of “guardians”. Read more in the Labyrinth (previously zkFi) whitepaper (here).
Enter 0xbow and Association Sets
0xbow is building Association Sets, a ZK-proof-based solution designed to enable users to prove they’re not associated with any illicit activities or sanctioned addresses. Essentially, it’s a way to tell the world, “Hey, I’m clean,” without revealing all your on-chain secrets.
This integration is a game changer. Association Sets will act as a compliance layer within Labyrinth, helping users stay on the right side of the law while keeping their privacy intact. We believe this collaboration is key to making privacy mainstream in DeFi and making sure it’s not hijacked by criminals.
Why Does This Matter?
0xbow CEO Nathaniel F commented, “0xbow’s partnership with Labyrinth will mark a major step in moving privacy forward as the norm in DeFi. Our tools combined with Labyrinth’s will allow users to finally begin to realize the full promise of decentralized finance- personal sovereignty, the privacy of action, and the ability to decide as an on-chain community not to do business with criminals.”
"By joining forces with 0xbow, we're leading the charge toward a DeFi landscape where privacy and regulatory harmony empower the next generation of financial innovation." — Amit Chaudhary, founder and CEO of Labyrinth.
What's Next?
Integration is underway! Soon, Association Sets will bolster Labyrinth’s existing compliance tools, helping you stay private and compliant at the same time. More details will be announced as we move forward, so stay tuned for updates.
Want to be among the first to experience this? V1 private testnet is now live with the Labyrinth application, Start using the app and explore the capabilities of Labyrinth Protocol, SDK, and Decom framework. The future of private DeFi is here, and you don’t want to miss out.
Follow us on Twitter for upcoming updates @0xbowio and @Labyrinth_HQ. Join our community on Discord to dive into conversations, ask any questions, or provide feedback. Reach out via email for any queries.