Zircuit, a ZK rollup with AI-enabled sequencer-level safety and parallelized circuits, closed its Mainnet funding spherical.
Arcanum Capital made the most recent funding in a spherical additionally together with Binance Labs, Mirana, and Nomad Capital, amongst different buyers in earlier rounds together with Pantera Capital, Dragonfly, and Arthur Hayes’ Maelstrom.
The corporate intends to make use of the funds to assist enhance blockchain safety to stop sensible contract exploits.
Led by Martin Derka, Zircuit is an EVM-compatible zero-knowledge rollup, integrating components of each optimistic rollups and zero-knowledge (zk) proofs to optimize transaction processing and validation capabilities. Constructed by a group of web3 safety veterans and PhDs in laptop science, algorithms, and cryptography, Zircuit not too long ago launched its Public Testnet, attracting $3.5B of TVL in three months.
FinSMEs
16/08/2024
