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Zircuit completes a new round of financing with participation from Binance Labs, Mirana Ventures, and others.

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Odaily 精选
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Jul 23, 2024

ZK rollup Zircuit, with AI-enhanced sorter-level security and EVM compatibility, has announced the completion of a new round of financing. Angel investors from Binance Labs, Mirana Ventures, Amber Group, Selini, Robot Ventures, Nomad Capital, Borderless Capital, as well as Renzo, Etherfi, Pendle, Parallel, LayerZero, Axelar, F2Pool, Nonce, KelpDAO, ETHGlobal, Maelstrom, and other projects participated. With this financing, Zircuit can accelerate the growth of the ecosystem and network activities based on its technical foundation and over $2.90 billion in staked assets. Since 2022, the Zircuit team has introduced new on-chain security measures to establish a new L2 network. Zircuit protects DApps and their users from blockchain vulnerabilities through its innovative infrastructure, which is safeguarded by sorter-level security and built-in automated AI technology to prevent smart contract vulnerabilities and malicious actor attacks. The network's hybrid architecture constitutes a fast, low-cost, EVM-compatible ZK rollup, providing users with high security without compromising speed and compatibility. With its robust security infrastructure, Zircuit plans to become a center for staked assets, providing security while enabling users to earn native rewards. The staking track is still in its early stages and rapidly evolving, with new LRT protocols emerging continuously, making it challenging even for experienced users to track and select the safest and best protocols to deploy their funds. Zircuit aims to address this issue by becoming the primary liquidity hub for staked assets (ETH, BTC, LST, and LRT), allowing users to easily allocate funds to be deployed in highly secure, high-quality protocols. Co-founder of Binance and head of Binance Labs, He Yi, stated: "At Binance Labs, we support projects that innovate in the Web3 space and drive the development of the blockchain industry. By integrating sorter-level security, Zircuit offers a more secure L2 solution, and we look forward to seeing its further development and growth." Erick Zhang, Managing Partner of Nomad Capital, said: "Security is an ongoing issue in the crypto space, with vulnerabilities appearing almost daily. Founded by top security experts, Zircuit's best-in-class security architecture leads the industry. The team's clear growth strategy has led to explosive growth in TVL, and we are pleased to support and continue working with the Zircuit team." Co-founder of Zircuit, Martin Derka, stated: "As the Web3 space accelerates towards mainstream adoption, Zircuit will drive this growth by providing the necessary infrastructure. Our years of research on rollups and blockchain security have enabled us to build an L2 network with high security and scalability. As we approach the mainnet's first phase, we are proud to have the support of Binance Labs, Mirana Ventures, and other investors." The mainnet's first phase of Zircuit is expected to launch in the coming weeks. Learn more about Zircuit: Website | Twitter

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