Binance Labs, the venture capital and incubation arm of Binance, the world's largest cryptocurrency exchange, has invested an undisclosed amount in Ethereum (ETH) Layer 2 network developer Zircuit.
“Binance Labs, the venture capital and incubation arm of Binance, has invested in Zircuit, an AI-powered zero-knowledge collection with sequencer-level security.
Zircuit is a new Layer 2 (L2) network that takes a new approach to on-chain security.”
Yi He, Co-Founder of Binance and Head of Binance Labs, said: “At Binance Labs, we support projects that innovate on Web3 and accelerate the blockchain industry. Zircuit provides a more secure L2 solution with sequencer-level security integration, and we look forward to watching it grow and evolve further.” we are waiting.”
We’ve invested in @ZircuitL2
Zircuit is a zk rollup with parallelized circuits and AI-enabled security at the sequencer level.
Read more👇https://t.co/HEjFrFgJB6
— Binance Labs Fund (@BinanceLabs) June 11, 2024
*This is not investment advice.
