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BCH $449.49 -0.48%
LINK $9.19 -3.04%
HYPE $41.68 +0.73%
AAVE $96.83 +0.67%
SUI $0.9230 -2.41%
XLM $0.1650 -3.33%
ZEC $351.82 -1.08%

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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