Umbra Partners with Streamflow to Launch Private Token Ownership on Solana

BlockBeats News, May 27th, Umbra and Streamflow have launched the private token ownership feature on Solana, allowing projects to securely achieve large-scale token ownership and distribution.

The solution is powered by Arcium's cryptographic execution engine, enabling Streamflow clients to continue using distribution mechanisms such as time locks and price triggers while being able to conceal actual token transfer records.

Recipients will directly receive ownership tokens through the Umbra wallet, and with each new ownership plan, Umbra's shared anonymity pool will be further expanded, enhancing the privacy protection capabilities for users and applications across the entire network.