Zircuit, a ZK rollup with AI-enabled sequencer-level security and parallelized circuits, closed its Mainnet funding round.
Arcanum Capital made the latest investment in a round also including Binance Labs, Mirana, and Nomad Capital, among other investors in previous rounds including Pantera Capital, Dragonfly, and Arthur Hayes’ Maelstrom.
The company intends to use the funds to help improve blockchain security to prevent smart contract exploits.
Led by Martin Derka, Zircuit is an EVM-compatible zero-knowledge rollup, integrating elements of both optimistic rollups and zero-knowledge (zk) proofs to optimize transaction processing and validation capabilities. Built by a team of web3 security veterans and PhDs in computer science, algorithms, and cryptography, Zircuit recently launched its Public Testnet, attracting $3.5B of TVL in three months.
FinSMEs
16/08/2024