Ah, the metamorphosis of Zekret Protocol into Entry-a rebranding as inevitable as a lepidopterist’s obsession with butterflies. With a $1M pre-seed round in its pocket, this audacious venture now flutters toward the sun, marrying AI-powered compliance with zero-knowledge privacy for the regulated DeFi ballroom.
Entry, that wily minx of compliance-native infrastructure, has secured $1 million in pre-seed funding to wed AI’s omniscience with the coy secrecy of zero-knowledge proofs. The round, led by the ever-so-dapper Modern Niagara, with Qrecendo and Perrfin in tow, coincides with the company’s rechristening from Zekret Protocol to Entry-a name as sleek as a chessmaster’s gambit.
The financing, a mélange of equity and SAFT components, values the venture at a ~$25M seed FDV, with a projected ~$50M at TGE. One can almost hear the champagne corks popping in anticipation of Entry’s go-to-market waltz for regulated digital assets.
​​Rodney Prescott, CEO of Entry, remarked with a wink:
“Institutions, my dear, require foundations as private as a Russian novel and as regulator-ready as a Swiss watch.✨ Our compliance-native protocol is the matchmaker, uniting verified users with screened assets, so adoption isn’t stifled by risk-how gauche!”
Bryce Jones, VP & Area Manager of Modern Niagara, added with a smirk:
“We invested because Entry delivers the holy grail: regulator-grade controls without sacrificing developer velocity or privacy. By blending ZKPs with an explainable compliance engine, they’ve made it possible for RWAs to sashay on-chain safely and at scale. Bravo, darlings!”
Suzanne Ley, CEO of Qrecendo, chimed in with a flourish:
“The dual-utility ENT token is the economic flywheel of compliant DeFi-a veritable ballet of incentives. We foresee a clear path to enterprise adoption across the US and EU, as regulators and market participants pirouette toward transparency with confidentiality.”
Entry, that architectural marvel, is crafting the foundational layer for regulated digital assets. By melding zero-knowledge identity (zkID) with an explainable AI compliance engine, it allows institutions to transact in private while tiptoeing through regulatory minefields. The protocol verifies users and screens assets under auditable controls, transforming proof into permission and dismantling institutional blockers in DeFi-a true virtuoso performance.
The network is powered by ENT, a utility token as versatile as a Nabokov protagonist. Its utilities include zkID & permissioning, node staking, work rewards, governance, and AI access fees for per-usage compliance calls. The team, ever the globalists, is aligning the protocol with rule sets like MiCA, MAS, and the SEC/FATF, as it pirouettes toward the mainnet.
Entry’s public testnet has been live since July 2025, with an initial focus on institutional pilots and developer integrations-a dress rehearsal for the mainnet launch. The commercial pipeline boasts over 20 Letters of Intent (LOIs) and selection into EU and APAC regulatory sandboxes, creating regulated playgrounds for early deployments.
The go-to-market strategy? A compliance-first DeFi infrastructure for banks, brokers/custodians, funds, and governments, with revenue streams as diverse as a Nabokov novel: enterprise deployments, institutional subscriptions/licensing, management & maintenance, and compliance-as-a-service.
Supported by collaborations with the Cardano Foundation, Avalanche, Secret Network, and BitcoinOS, alongside capital markets partners Qrecendo and Perrfin, Entry is weaving the open, protocol-agnostic compliance layer for on-chain finance. Operating as a Layer 1 and integrating Layer 3 compliance technology from Zekret Labs, it aims to make regulated DeFi as scalable, secure, and institution-ready as a grandmaster’s endgame.
FIN 🌟
About Entry
Entry, the compliance-native infrastructure, is the bridge between traditional institutions and decentralized finance, preserving privacy while satisfying regulators-a delicate dance, indeed. đź•şđź’Ľ
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2025-10-20 15:02