Why this partnership matters
Digital-asset adoption continues to accelerate, but for many financial institutions and enterprises the public nature of blockchains remains a barrier. Sensitive data – from customer identities to transaction details – should not be freely visible on a public ledger. New regulations such as MiCA and evolving privacy laws demand that organisations balance on-chain transparency with data protection.

That’s why Provenance is excited to announce its partnership with the Midnight Foundation, an organization dedicated to advancing the adoption and real-world impact of Midnight, a fourth-generation blockchain designed for rational privacy.

Midnight uses zero-knowledge (ZK) cryptography to let developers build decentralised applications (DApps) while controlling what data is public and what remains private. This privacy-by-design approach gives enterprises the ability to leverage the utility of a public blockchain while ensuring confidentiality of operations and compliance with data protection regulations.

About Midnight

Key features of Midnight include:

• Programmable Privacy, Midnight shields both data and metadata (e.g. wallet address, identity details or transaction amount) and enables selective disclosure.
• Regulatory compliance: Midnight allows building DApps across a spectrum from fully public to fully private, helping organisations comply with data-protection laws and privacy regulations.
• Developer-friendly tools: Business logic can be written in TypeScript, powered by a domain-specific language called Compact, optimized for Midnight smart contracts and seamlessly integrated through a Visual Studio Code extension.
• Business logic can be written in TypeScript, powered by a domain-specific language called Compact, optimized for Midnight smart contracts and seamlessly integrated through a Visual Studio Code extension.
• Use-case versatility: Midnight supports various applications such as shareable KYC credentials, decentralised credit scoring, anonymous voting and healthcare records sharing, to name a few. By enabling provable assertions without revealing underlying information (for example proving someone is over a certain age or not on a sanctions list), Midnight is able to safeguard sensitive data.

How Provenance amplifies Midnight’s value

While Midnight provides the infrastructure for privacy-enhancing DApps, organisations still need expert guidance to ensure their projects are compliant with local laws and regulations.  Provenance specialises in bridging traditional finance (TradFi) and decentralised finance (DeFi) with tailored compliance solutions. Our offerings include:

• KYC, KYB and e-KYC services: Through our platform we perform verification using a mix of traditional KYC methods and global registries and open-source intelligence tools. These checks complement Midnight’s selective disclosure, ensuring that customer identities are verified without unnecessary data exposure.
• On-chain analytics: We partner with industry-leading blockchain forensics firms and employ proprietary methodologies to provide comprehensive risk analysis, wallet screening and transaction monitoring. Integrating these analytics with Midnight’s ZK-enabled DApps will give institutions a holistic view of risk while preserving privacy.
• Outsourced AML and compliance officers: Provenance supplies AML and compliance officers across multiple jurisdictions to manage risk assessments, board reporting and policy development. These experts will help clients design and operate compliance frameworks that leverage Midnight’s capabilities.

The benefits for our clients

By combining Midnight’s privacy-enhancing capabilities with Provenance’s compliance expertise, clients will be able to:

• Develop regulation-compliant, privacy-preserving DApps
• Reduce compliance costs
• Enhance customer trust
• Accelerate adoption of digital assets

Curious to learn more? Reach out to our team to discuss how Provenance and Midnight can help your organisation build privacy-preserving, regulation-ready applications that unlock the full potential of Web3.