George City, Cayman Islands, July 22, 2024, Chainwire
ZircuitZircuit, a totally EVM-compatible ZK Rollup that includes AI-enabled sequencer stage safety, at this time introduced it has raised a Mainnet funding spherical with participation from main angel buyers together with Binance Labs, Mirana Ventures, Amber Group, Selini, Robotic Ventures, Nomad Capital, Borderless Capital, and the founders of Renzo, Etherfi, Pendle, Parallel, LayerZero, Axelar, F2Pool, Nonce, KelpDAO, ETHGlobal, Maelstrom, and extra. With this new funding, Zircuit will have the ability to supercharge ecosystem progress and exercise on its community, constructing a stronger technical basis and over $2.9 billion in staked property.
Beginning in 2022, the Zirkuit workforce has constructed a brand new L2 community that gives a revolutionary new method to onchain safety. Zirkuit protects dApps and their customers from blockchain vulnerabilities by means of its new infrastructure, which options sequencer-level safety and built-in, automated AI applied sciences to defend towards good contract exploits and malicious actors. The community’s hybrid structure leads to quick, low-cost, and absolutely EVM-compatible ZK Rollups, offering unmatched safety for customers with out compromising pace or compatibility.
Bolstered by its strong safety framework, Zircuit plans to turn into a central hub for restaked property, that includes unmatched safety and permitting customers to seamlessly earn industry-leading yields. The liquid restaking panorama continues to be nascent and quickly evolving and new LRT protocols are continuously rising, making it difficult even for skilled customers to trace and select the very best and most secure protocols to deploy their capital. Zircuit goals to unravel this drawback by turning into a number one liquidity hub for restaked property (ETH, BTC, LSTs and LRTs), the place customers can simply allocate their capital and have peace of thoughts figuring out that funds are deployed within the most secure and highest high quality protocols.
“At Binance Labs, we help tasks which can be innovating in Web3 and accelerating the blockchain {industry}. By its integration of sequencer stage safety, Zirkuit is offering a safer L2 resolution and we sit up for seeing it develop and develop additional,” mentioned Yi He, co-founder of Binance and head of Binance Labs.
“Safety has been a persistent difficulty within the crypto house, with breaches occurring virtually day-after-day. Zircuit, based by high safety veterans, leads the {industry} with its best-in-class safety structure. The workforce’s clear progress technique has led to explosive progress in locked property since launch,” mentioned Eric Zhang, Managing Companion of Nomad Capital. “We’re excited to proceed collaborating and dealing with the Zircuit workforce.”
“Because the Web3 house strikes towards mainstream adoption, Zirkuit will empower this progress by offering the infrastructure wanted to get individuals concerned. Our years of analysis into rollups and blockchain safety have allowed us to construct an L2 community with unparalleled safety and scalability. We’re proud to have the help of Binance Labs, Mirana Ventures, and our different buyers as we attain our first part of mainnet and set up Zirkuit as a cornerstone within the {industry},” mentioned Martin Derka, co-founder of Zircuit.
Zirkuit’s Mainnet Part 1 is about to launch within the coming weeks.
To study extra about Zircuit, customers can go to zircuit.com or learn the developer documentation docs.zircuit.com
To take part in Construct to Earn customers can go to: https://build.zircui.com/
To take part in Zirkuit staking, customers can go to: https://stake.zircui.com/
About Zircuit
Zirkuit is a ZK Rollup with AI-enabled sequencer-level safety and parallel circuits. Constructed by a workforce of Web3 safety veterans and PhDs in pc science, algorithms, and cryptography, Zirkuit’s distinctive structure combines the very best of each worlds of efficiency and safety. Go to to study extra zircuit.com Or observe us on Twitter/X @ZircuitL2
Contact
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Zircuit
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