Mirage Closes Seed Round to Make Your Stablecoin Transfers Less Embarrassingly Public

Mirage, a privacy protocol for stablecoin transfers on Ethereum and EVM-compatible networks, has closed its seed round led by Seed Club Ventures and Kyber Knight, with participation from Deltatiger, Valeriy Zamaraiev, and Brian Gerrard. Because apparently, watching your coworkers send each other salary payments on-chain like it's some kind of decentralized office pool wasn't awkward enough already.

The company previously completed a pre-seed raise through Code & State in Q1 2025, before closing its seed round in Q4 2025. Founded by Nima Rasooli in November 2024, Mirage is headquartered in Zug, Switzerland—because if you're going to build a privacy tool, you might as well do it from the place where crypto goes to pretend it's being normal.

Closed alpha access is now opening to waitlisted users, with a broader mainnet rollout planned for later in 2026. Yes, you read that right. Waitlist. Alpha. The full Web3 experience of feeling like you're trying to get into an exclusive nightclub, except the bouncer is a smart contract and the dress code is just "not using a mixer."

The core problem Mirage aims to solve: most onchain privacy tools force users to accept at least one painful tradeoff. Either you visibly interact with a known privacy system, share counterparty risk from pooled funds, or deal with settlement