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DOGE $0.0897 -1.29%
ADA $0.2205 -0.08%
BCH $256.68 -1.23%
LINK $12.53 -2.01%
HYPE $84.15 -1.46%
AAVE $128.93 -2.67%
SUI $0.8141 -1.87%
XLM $0.1880 -2.64%
ZEC $1,149.73 -0.68%
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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

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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