Hinkals Invisible Wallet enables private transactions on decentralized apps and is fully DeFi compatible.
Summary
- Hinkal has launched the Invisible Wallet, a privacy-focused wallet that hides on-chain transactions, enables private interactions on decentralized apps, and is fully compatible with DeFi.
- The wallet supports Ethereum, Arbitrum, Polygon, Base and Optimism, with plans to expand to more networks, and is accessible via a secure browser extension for private transactions.
- The launch comes as privacy concerns grow in the crypto space, culminating in the theft of more than $2.17 billion in the first half of 2025 due to exposed addresses.
In a press release shared with crypto.news: Hinkala blockchain privacy-focused company founded at Stanford and Binance MVB, has unveiled the Invisible Wallet, aimed at giving users complete privacy for digital transactions. The wallet hides transaction history and allows on-chain purchases without revealing financial activities. It achieves this through advanced privacy technologies, including zero-knowledge proofs, stealth addresses, and trusted execution environments.
“We believe that privacy is a fundamental right. Consumers would not share their bank statements with a stranger, and there is absolutely no reason that digital transactions should be vulnerable to similar scrutiny,” said Georgi Koreli, co-founder and CEO of Hinkal.
Hinkals Wallet is compatible with Ethereum, Arbitrum, Polygon, Base and Optimism and plans to expand to more EVM-based networks. Users access the crypto wallet through a secure browser extension, allowing private interactions between decentralized applications while maintaining full functionality.
The launch of Hinkals Invisible Wallet comes amid rising privacy concerns in the crypto space. Traditional crypto wallets make transaction history public, making users targets for theft. Over in the first half of this year alone $2.17 billion in cryptocurrency was stolen due to publicly visible addresses.
The demand for privacy is further highlighted by the rising popularity of projects like Zcash, which uses a cryptographic technique called zk-SNARKs, which allows users to prove that a transaction is valid without revealing the underlying data.
