Private credit,
sealed onchain.
Obscura Finance is a confidential deal room where investors submit sealed bids, allocations stay hidden, repayments settle onchain, and auditors verify details through permissioned disclosure.
Public settlement exposes private credit
Traditional RWA funding cannot move fully onchain when every bid size, allocation, and repayment exposure is visible to the market. Investors lose edge. Issuers lose counterparties.
FHE-powered confidential deal rooms
Obscura Finance uses iExec Nox fully homomorphic encryption to keep all financial amounts encrypted onchain. Correctness is provable. Amounts remain private.
Built for institutional privacy
Sealed Bid Funding
Investors encrypt bid amounts with iExec Nox before submission. No counterparty can observe allocation sizes onchain.
Confidential Transfers
ERC-7984 confidential tokens move between wallets without exposing amounts. Settlement is provably correct without revealing figures.
Permissioned Disclosure
Issuers grant auditors ACL access to specific bid handles. Regulators see what they need — nothing more.
End-to-end in five steps
Create
Issuer publishes a private credit deal with terms and document hash.
Bid
Investors wrap tokens into cUSDC and submit sealed encrypted bids.
Fund
Issuer closes the round and marks the deal funded onchain.
Repay
Issuer repays with an encrypted confidential token transfer.
Claim
Investors claim repayment. Auditors verify with permissioned access.
Ready?
Run the full confidential funding flow
Demo mode walks you through every onchain action in under four minutes. Deal state, bids, and repayments are pulled live from the contract.