ZK order book trading platform Vessel completes a $10 million seed round financing with participation from Sequoia Capital, etc.

On August 8th, ZK order book trading platform Vessel announced the completion of a $10 million seed round financing, with investors including Sequoia Capital, Scroll co-founders Sandy Peng and Ye Zhang, Avalanche Foundation, Algorand Foundation, IMO Ventures, Folius Ventures, Incuba Alpha, and several angel investors. This financing round will be used to combine the efficiency of CEX with the transparency of DEX, improve liquidity efficiency, and develop advanced zero-knowledge proof (ZKP) solutions for DeFi. Vessel balances trading efficiency and on-chain transparency through ZKP technology, combining off-chain transaction processing with on-chain verification to enhance security and scalability.