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DOGE $0.0697 -0.36%
ADA $0.1757 -1.71%
BCH $203.56 -0.68%
LINK $9.40 +0.65%
HYPE $57.34 +2.50%
AAVE $85.71 -1.50%
SUI $0.6763 -1.04%
XLM $0.1568 -0.94%
ZEC $485.38 -0.58%

The interoperability protocol for zero-knowledge proofs, Topos, has completed a $5 million extended seed round financing, with participation from Polygon co-founders and others

2023-11-03 10:27:41

ChainCatcher news, zero-knowledge encryption technology company Toposware (Topos) announced the completion of a $5 million extended seed round financing, with participation from Evolution Equity Partners, Triatomic Capital, K2 Access Fund, and Polygon co-founder Sandeep Nailwal.

According to the RootData page, Topos is an interoperability protocol that utilizes zero-knowledge proofs and reliable broadcasting, allowing various public and private blockchains to communicate with each other. Zero-knowledge proofs enable blockchains to prove the validity of their state transitions without compromising private internal information, such as account addresses and account balances. Topos previously completed a financing round of 750 million yen in 2021.

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