ZK startup Virtual Labs completes $1.2 million in Pre-Seed financing, led by OP Crypto
Virtual Labs, a startup company focused on zero-knowledge technology development, announced that it has completed a $1.2 million Pre-Seed financing at a valuation of $20 million. OP Crypto led the investment, with Byzantine Marine, Koyamaki Ventures, NEAR Foundation, and several individual angel investors participating. Virtual Labs' main research direction is zero-knowledge ZK state channels. Its founder is a Yale University dropout who aims to use zero-knowledge technology to eliminate gas fees and cumbersome wallet interactions to enhance the Web3 user experience.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Evaluating Probability of Ethereum Breaching the $4K Milestone Soon
Ethereum's Potential Bull Run Versus Existing Downward Forces: The Battle for the $4K Mark
What Stage of the Bitcoin Bull are We in? Are We Nearing The End Or Are We Just Getting Started?
Which stage of the bull run are we in in Bitcoin, the world's largest cryptocurrency? Are we nearing the end of the bull run? Here is the analyst forecast.
IOTA Rebased Testnet Onboards Trusted Validators Securing Billions in Assets
NEAR Protocol Supports Web3 AI With New $20M Development Fund
Trending news
MoreCrypto prices
More
