Binance Labs and Polychain Capital lead the investment, ZK startup Polyhedra Network completes $10 million financing

Binance News · 2023-02-21T15:41:08.000Z

ZK infrastructure startup Polyhedra Network completed US$10 million in financing, led by Binance Labs and Polychain Capital, with participation from Animoca Brands and Dao5. Polyhedra has developed multiple infrastructure products using zero-knowledge (ZK) proof technology, including the ZK Bridge (zkBridge) solution for sending assets between Web2 and Web3 systems, the ZK Decentralized Identity Solution (zkDID) and scaling solution. Polyhedra plans to integrate with more blockchains and make it more accessible to developers through API and SDK tools. (The Block)

ZK infrastructure startup Polyhedra Network has completed a $10 million financing round, led by Binance Labs and Polychain Capital, with participation from Animoca Brands and Dao5. Polyhedra has developed a variety of infrastructure products using zero-knowledge (ZK) proof technology, including a ZK bridge (zkBridge) solution for sending assets between Web2 and Web3 systems, a ZK decentralized identity solution (zkDID), and a capacity expansion solution. Polyhedra plans to integrate with more blockchains and make it easier for developers to access through API and SDK tools. (The Block)