Manta Network developer p0x Labs completes $25 million Series A financing at a valuation of $500 million, led by Polychain Capital and Qiming Venture Partners

According to BlockBeats, on July 19, techcrunch reported that Manta Network developer p0x labs completed a $25 million Series A financing with a valuation of $500 million. This round of financing was jointly led by Polychain Capital and Qiming Venture Partners, and Alliance, CoinFund and SevenX Ventures participated in the investment. This round of financing will be used to expand the ZK Layer 1 blockchain of Manta Pacific and Manta Atlantic to achieve compliant on-chain privacy.