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BCH $259.97 +1.18%
LINK $12.74 +2.86%
HYPE $84.99 -3.32%
AAVE $131.57 -1.42%
SUI $0.8209 +2.85%
XLM $0.1895 +2.82%
ZEC $1,156.81 -5.25%

ZK startup Polyhedra Network completes $10 million funding, led by Binance Labs and Polychain Capital

2023-02-21 22:08:51

ChainCatcher news, according to The Block, ZK infrastructure startup Polyhedra Network has completed a $10 million funding round, led by Binance Labs and Polychain Capital, with participation from Animoca Brands and Dao5.

It is reported that Polyhedra has developed various infrastructure products using zero-knowledge (ZK) proof technology, including a ZK bridge (zkBridge) solution for transferring assets between Web2 and Web3 systems, a ZK decentralized identity solution (zkDID), and scaling solutions. Polyhedra plans to integrate with more blockchains and make it easier for developers to access through API and SDK tools. (source link)

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