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BTC $60,915.68 -1.79%
ETH $1,565.89 -5.89%
BNB $575.05 -3.12%
XRP $1.09 -3.17%
SOL $62.71 -5.55%
TRX $0.3201 -1.78%
DOGE $0.0818 -2.94%
ADA $0.1584 -3.18%
BCH $217.05 -2.86%
LINK $7.37 -3.00%
HYPE $59.07 -5.37%
AAVE $62.00 -5.12%
SUI $0.7158 -0.45%
XLM $0.1996 +4.87%
ZEC $369.71 +17.16%

ZK full-chain data proof platform Brevis Network has completed a $7.5 million seed round financing, led by Binance Labs and Polychain Capital

2024-11-12 01:35:28
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ChainCatcher news, ZK full-chain data proof platform Brevis Network announced the completion of a $7.5 million seed round financing, led by Polychain Capital and Binance Labs, with participation from IOSG Ventures, Nomad Capital, Bankless Ventures, HashKey Capital, and others.

According to reports, Brevis is a ZK co-processor or computing network designed to enhance blockchain scalability through ZK proofs. By performing complex tasks such as data processing off-chain and only sending verified proofs back to the blockchain, Brevis aims to alleviate the workload of the blockchain, increase speed, and reduce costs.

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