This week, we’re adding a powerful new feature to Hinkal: the ability to move assets directly from centralized venues - including CEXs and PSPs using CEX-style custody - to private accounts, with no integration required.
Here’s how it works:
- Hinkal generates an EOA linked to user's underlying private account within Hinkal’s shielded pool.
- They transfer assets to that EOA just as they would to any self-custodial wallet.
- Once the assets arrive, they are automatically shielded and moved into the shielded pool.
This removes the need for CEXs and PSPs to integrate with smart contracts. It also eliminates a major source of confusion and churn for users: withdrawing to an EOA, connecting to Hinkal, and shielding assets manually.
The result: users can move assets from centralized platforms without exposing their activity on-chain.
Coming this week to Hinkal Pay, the Hinkal SDK, and APIs.