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ETH $1,788.83 +0.68%
BNB $570.23 +0.44%
XRP $1.07 -0.49%
SOL $75.34 -1.24%
TRX $0.3247 -1.74%
DOGE $0.0722 +0.19%
ADA $0.1593 -0.06%
BCH $235.92 -0.06%
LINK $7.97 +0.54%
HYPE $63.90 -1.99%
AAVE $96.34 +1.75%
SUI $0.7301 +0.08%
XLM $0.1795 -1.95%
ZEC $508.59 -1.06%

ZK full-chain data proof platform Brevis Network has completed a $7.5 million seed round financing, led by Binance Labs and Polychain Capital

2024-11-12 01:35:28
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ChainCatcher news, ZK full-chain data proof platform Brevis Network announced the completion of a $7.5 million seed round financing, led by Polychain Capital and Binance Labs, with participation from IOSG Ventures, Nomad Capital, Bankless Ventures, HashKey Capital, and others.

According to reports, Brevis is a ZK co-processor or computing network designed to enhance blockchain scalability through ZK proofs. By performing complex tasks such as data processing off-chain and only sending verified proofs back to the blockchain, Brevis aims to alleviate the workload of the blockchain, increase speed, and reduce costs.

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