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
BTC breaks through $98,500
UK to Draft Regulatory Framework for Crypto Industry by Early Next Year
Ethereum futures open interest hits new all-time high of over $20 billion, signalling bullish momentum: CryptoQuant
Ethereum futures open interest across all exchanges has hit a new all-time high, according to CryptoQuant data.Positive funding rates and record leverage ratios highlight increased risk-taking, with traders betting on rising Ethereum prices.
US dollar index DXY breaks through 108
Trending news
MoreCrypto prices
More
