Vanish, a Solana ecosystem privacy protocol, has closed a $1 million pre-seed financing round led by Colosseum, with participation from Solana Ventures, Pivot Global and several industry angel investors including a Solana co-founder.

The capital will be allocated to product development and integration efforts as Vanish advances its technical stack to address the trade-offs between privacy, regulatory compliance and transaction execution on-chain.

Vanish’s solution focuses on providing instant private execution to reduce the risk of traders being exposed to front- or back-runners, thereby helping preserve execution quality and the economic value of trading strategies on the Solana network.