#a16zcrypto has introduced #LatticeJolt , a lattice-based zero-knowledge virtual machine that replaces elliptic-curve cryptography with quantum-resistant alternatives. The #zkVM is designed to protect blockchain systems against future quantum computers capable of breaking today’s cryptographic foundations.
Lattice Jolt is positioned as an alternative within a16z’s existing Jolt zkVM framework. While lattice-based cryptography offers quantum resistance, it has traditionally required larger proofs and greater computational resources than elliptic-curve systems. Lattice Jolt makes proving and verification 2-3x faster while delivering sub-100 KB proofs, the smallest among post-quantum zkVMs.
#Latitude secures $35M in a Series A funding round led by Oak HC/FT, with participation from NEA, Coinbase Ventures, Lightspeed Faction, OpenFX, and Wilson Sonsini. This funding round brings Latitude's total funds raised to $43M.
Latitude is a payments infrastructure provider that enables cross-border fiat settlement using stablecoin technology and local payout networks to facilitate 24/7 transactions.
Tether and Fasanara announce the launch of a $400M fund
#Tether and #FasanaraCapital have committed $400M to launch StableFund, a new private credit fund. The firms will jointly sponsor StableFund and aim to raise up to $3B more from institutional investors. Fasanara will manage the fund, focusing on short-duration, asset-backed private credit. Tether will source $USDT-linked financing opportunities and provide stablecoin settlement infrastructure to enable more efficient cross-border capital flows. StableFund's structure will embed $USDT into SME and consumer lending through fintech platforms across more than 60 countries.
#SeiLabs acquired #BilinearLabs , a blockchain analytics platform for querying any event from any contract on any #EVM chain with simple SQL. Through this acquisition, Bilinear Labs' Rust engineering team and data analytics stack will be integrated into the Sei ecosystem. The team will lead core development for #SeiNetwork and its #SeiGiga scaling initiative, which aims to boost throughput by more than 50x while achieving sub-400ms finality.