Funding of $20 million secured by theWeb3 identity platform Humanity Protocol, with Pantera Capital and Jump Crypto leading the investment round.
In an exciting turn of events, Humanity Protocol, a pioneering decentralized digital identity company, has successfully completed a $20 million fundraising round. The round was co-led by two prominent investors, Pantera Capital and Jump Crypto.
The funds raised will be utilized to scale up the company's operations and roll out its product on a larger scale in the coming months. This expansion is expected to bolster the company's presence and increase its reach in the rapidly evolving blockchain industry.
Kwok, a representative from Humanity Protocol, expressed his excitement about the potential for new innovations under President Trump's administration. He believes that a pro-business environment could accelerate the development of blockchain-based solutions, including Humanity Protocol's offerings.
The crypto market has been in a bullish mood following President Trump's election, with the need for decentralized digital identity verification platforms growing as artificial intelligence is rapidly adopted across various use cases. The growing demand for such solutions underscores the relevance and importance of Humanity Protocol's work.
In addition to its expansion plans, Humanity Protocol is also gearing up to launch its own cryptocurrency token, Human (HMT). The token, an Ethereum-based ERC20 token, is expected to add a new dimension to the company's offerings and increase its utility and adoption.
Meanwhile, regulatory actions could attract further investment in the blockchain industry. The SEC's Crypto Task Force, led by Commissioner Hester Pierce, is working on developing a clear regulatory framework for the industry. Last week, President Trump tasked a Working Group to evaluate the creation of a U.S. digital asset reserve, further indicating a commitment towards regulating and fostering the growth of the crypto sector.
Humanity Protocol's system allows users to prove they are human without revealing personal details, helping to combat issues like bots, fake accounts, and online fraud. The company's recent successful fundraising round and upcoming token launch suggest a promising future for this innovative digital identity verification platform.
[References] 1. CoinMarketCap. (n.d.). Humanity Protocol (HMT). Retrieved from https://coinmarketcap.com/currencies/humanity-protocol/ 2. Humanity Protocol. (2025, June 25). Humanity Protocol Completes Token Generation Event. Retrieved from https://humanityprotocol.io/blog/humanity-protocol-completes-token-generation-event 3. Cointelegraph. (2025, July 1). Humanity Protocol Post-TGE: Community Engagement, Token Utility, and Ecosystem Growth. Retrieved from https://cointelegraph.com/news/humanity-protocol-post-tge-community-engagement-token-utility-and-ecosystem-growth
- The funds raised from the successful fundraising round will not only accelerate Humanity Protocol's expansion but also enable the deployment of its product within the finance and technology sectors, potentially revolutionizing investing processes and digital identity verification.
- With the launch of its own cryptocurrency token, Humanity Protocol (HMT), the company aims to expanded its utility and adoption, particularly in sectors that rely heavily on finance, technology, and investing, as well as in digital identity verification systems that are increasingly crucial in the rapidly evolving blockchain industry.
