Key facts
- Decrypt partnered with Helius to add confidential transfers to the Decrypt Money Account using Solana Privacy Rings.
- Helius said the core programs are live on Solana mainnet and were audited by Certora, OtterSec and ZK Security.
- Privacy applies to sending funds only, not to Jupiter-powered swaps, Earn or prediction market positions.
- Helius said Custom Rings for institutions, with their own compliance controls, are planned for the fourth quarter of 2026.
Decrypt said on November 10, 2026 that it partnered with Solana infrastructure company Helius to add confidential transfers to the Decrypt Money Account, using Helius' Solana Privacy Rings. The system lets users send funds without the amounts being visible on Solana's public ledger.
"With Decrypt Money Accounts, we want to be on the forefront of bringing finance on-chain," Decrypt co-founder and COO Ilan Hazan said, adding that privacy is a core component of the product. Helius product lead Tilo Palfner said public wallets can reveal what someone holds, sends and how they trade, and that linking a wallet to a person can expose that history to anyone online.
Palfner said confidential transfers work like any other Solana transfer, with the difference that the amounts are not publicly visible. He said succinct zero-knowledge proofs let users prove they own and can spend their balance without revealing it, and that the technology is abstracted so the account feels like a neobanking app.
Privacy currently applies only to sending funds. It does not cover Jupiter-powered swaps on The Information Exchange, Earn or prediction market positions. Palfner said the system lays the foundation for private swaps, lending and yield.
Helius said users can share access to private balances through viewing keys, and that blockchain analytics firms including Range, Chainalysis, Elliptic and TRM Labs support wallet screening to identify sanctioned addresses. Helius said the core programs are live on Solana mainnet and were audited by Certora, OtterSec and ZK Security, and that the default ring is permissionless with no global auditor key. Helius said it is also building Custom Rings, which will let institutions set their own compliance controls and auditor access, with release planned for the fourth quarter of 2026.