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 $20 million. OP Crypto led the investment, with Byzantine Marine, Koyamaki Ventures, NEAR Foundation, and several individual angel investors participating. Virtual Labs' main research direction is zero-knowledge ZK state channels. Its founder is a Yale University dropout who aims to use zero-knowledge technology to eliminate gas fees and cumbersome wallet interactions to enhance the Web3 user experience.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Want Speed, Scale, and Security? Qubetics, Polkadot, and Flare Are the Best Cryptos to Join TodayFlare: Turning Blockchain Data Into Actionable Utili
Discover the best cryptos to join today with updated insights on Qubetics, Polkadot, and Flare. Compare presale stats, utility, token price, and community growth.Qubetics: Redefining Web3 Utility with Power and PrivacyPolkadot: Modular Strength with a Battle-Tested NetworkFinal Thoughts: Should You Back the Next Web3 Power Move?
XRP price consolidates and maintains expectations of growth towards US$ 5
Ethereum Resurrected? ETH Reacts Strongly and Analysts Point to Possible Path to $10.000
$1,000 RDAC Reserved for You! Join the BGB Holders Celebration Campaign Now!
Trending news
MoreCrypto prices
More
