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Vessel has successfully completed a $10 million seed round financing

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#DeFi
吴说
339Words
Aug 8, 2024

Wu learned that Vessel has successfully completed a $10 million seed round of financing, led by Sequoia Capital, with participation from Scroll co-founder, the Avalanche Foundation, the Algorand Foundation, IMO Ventures, Folius Ventures, Incuba Alpha, and a group of angel investors. Vessel aims to address the balance between efficiency and transparency in encrypted transactions by developing Zero-Knowledge Proof (ZKP) technology, combining off-chain transaction processing and on-chain verification. The funds will be used to integrate CEX efficiency with DEX transparency, improve liquidity efficiency, and develop ZKP solutions for DeFi.

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