Matter Labs receives $50M in new funding for its Ethereum scaling protocol – zkSync

2021-11-9 19:17

Matter Labs, the company behind zkSync, an Ethereum layer-2 scaling protocol, announced today it received USD $50 million in new funding (in addition to a USD $6M Series A in February of this year).

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Ethereum Layer 2 Development Investing Round Led by Union Square Ventures

A Series A funding round for Matter Labs’ Layer 2 zkSync scaling protocol has been announced. Its goal is to bring the Solidity smart contract language to the platform. The round has been led by some big names in the crypto and internet security industries including early Twitter investor Union Square Ventures (USV), Cloudflare, Firebase, … Continued The post Ethereum Layer 2 Development Investing Round Led by Union Square Ventures appeared first on BeInCrypto.

2021-3-2 09:22