Zircuit Secures Major Funding, Set to Launch AI-Enhanced ZK Rollup Mainnet with $2.9B in Staked Assets
July 24, 2024Zircuit, a ZK rollup with AI-enabled sequencer level security, raised a Mainnet funding round with participation from investors like Binance Labs, Mirana Ventures, and Nomad Capital.
The funding, which aims to boost ecosystem growth and activity, will leverage over $2.9 billion in staked assets.
Zircuit aims to be a central hub for restaked assets, offering high security and yields for users deploying capital in various assets.
Zircuit provides a fast, low-cost, and fully EVM-compatible ZK rollup network without compromising on security, speed, or compatibility.
Zircuit's Mainnet Phase 1 is set to launch soon, positioning the platform as a cornerstone in the industry for security and scalability.
Zircuit's L2 network focuses on onchain security, safeguarding dApps and users through sequencer-level security, AI techniques, full EVM compatibility, and low costs.
Prominent industry figures like Yi He from Binance Labs and Erick Zhang from Nomad Capital have praised Zircuit's security measures and growth strategy.
Interested users can explore Zircuit on their website, access developer docs, join Build to Earn, and participate in Zircuit Staking.
Summary based on 2 sources
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Sources
Investing.com • Jul 22, 2024
Zircuit Raises Mainnet Funding Round With Participation From Binance Labs, Mirana Ventures, And Others