SilentSwap Launches V2 Protocol for Cross-Chain Privacy Swaps

SilentSwap launched its V2 protocol on Oct. 31, 2025, offering cross-chain privacy swaps. Founded by the pseudonymous Shibtoshi, known for significant Shiba Inu holdings, the platform provides a non-custodial swap service with multi-chain support.

The platform claims compliance with OFAC and AML regulations.
Operated by SquidGrow LLC in St. Vincent & Grenadines, it prohibits US users.
No personal information is required, and transaction data is purged daily, presenting enforcement challenges for US user bans.
Differs from Tornado Cash, which was decentralized and had sanctions lifted after a court ruling.

Platform Features

$7.8 million in swapped assets across 2,623 transactions reported on the homepage.
Supports eight blockchain networks, allowing tokens to be sent to up to 16 wallets per transaction.
Offers "Semi-private" and "Max Privacy" modes.

Shibtoshi gained prominence from investing 37 ETH in Shiba Inu in 2020, amassing 104 trillion tokens. The position peaked at over $5.7 billion. He remains anonymous for security reasons. Recent Shiba Inu burn rate removed 4.76 million tokens in 24 hours.