Binance Labs Backs Zircuit's $3.5B AI-Driven Layer-2 Network, Mainnet Launch This Summer
June 11, 2024
Binance Labs has invested in Zircuit, a Layer-2 network developer focused on Ethereum transaction security and efficiency.
Zircuit, led by Co-Founder Dr. Martin Derka, utilizes AI-enabled sequencer-level security and zero-knowledge proofs with rollup infrastructure.
The mainnet launch for Zircuit is scheduled for this summer, with over $3.5 billion in staked assets and partnerships with projects like Ethena, Renzo, and LayerZero.
Zircuit's 'Build to Earn' program has received significant interest, with over 1,100 applications submitted.
Binance Labs' investment in Zircuit aims to promote AI-enabled blockchain technology and enhance security within the blockchain ecosystem.
This collaboration highlights the critical role innovative projects play in advancing the blockchain industry.
Interested parties are encouraged to visit Zircuit's website and follow them on Twitter for updates, while exercising caution with high-risk investments such as ICOs, blockchain startups, or cryptocurrencies.
Summary based on 6 sources
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Sources

Investing.com • Jun 11, 2024
Binance Labs Invests In Zircuit To Advance L2 With AI-Enabled Sequencer Level Security
The Block • Jun 11, 2024
Binance Labs invests in Ethereum Layer 2 network developer Zircuit
CoinJournal • Jun 11, 2024
Binance Labs Invests In Zircuit To Advance L2 With AI-Enabled Sequencer Level Security - CoinJournal