Blockchain research firm Nebra completes $4.5 million funding, led by Nascent and Bankless Ventures

ChainCatcher news, according to The Block, the blockchain and zero-knowledge proof research institution Nebra announced the completion of a $4.5 million financing round, led by Nascent and Bankless Ventures, with participation from Tim Beiko of the Ethereum Foundation, Kartik Talwar of ETHGlobal, Nick White of Celestia, and Sandy Peng and Haichen Shen of Scroll.

It is reported that Nebra plans to use this funding to advance and democratize zero-knowledge proof technology, aiming to reduce proof settlement costs on Ethereum and other blockchains, thereby creating a so-called new internet shared settlement layer.