According to Odaily, ZK project Hylé has successfully raised $2.6 million in funding. The round was led by Framework Ventures, with participation from Cherry Crypto, Fabric Ventures, First Capital, and Heartcore Capital. Hylé has developed the Hylé network, which uses Zero-Knowledge Proofs (ZKP) to achieve scalability and privacy.
To date, Hylé's initial funding totals $3.4 million, with an additional $1.5 million in revenue from their NFT project, briqNFT. Following this round of funding, there will be no changes to Hylé's board of directors.