Crypto infrastructure provider Polyhedra Network has raised $10 million in a funding round led by Binance Labs and Polychain Capital.
In the statement made by Polyhedra Network, details about the successful funding round were given. Binance Labs And Polychain Capitalto the funding round led by Animoca Brands And dao5 participated in important companies such as
According to the company’s statement, this fund is a cryptographic method. zero knowledge powered by zk-proof technologies Web3 improve the infrastructure for will be used. A portion of the funding, on the other hand, will be used for new capital, ecosystem growth initiatives, hiring engineers, and zk-proof protocol research.
In the basic vision of Polyhedra, working in integration with more blockchains, scalability And to privacy It includes a complete system that focuses on The team, with its work so far web2 And web3 to send assets between systems zero knowledge bridge It has developed several infrastructure offerings using zero-knowledge proof technology, including the (zkBridge) solution.
Among the highlights of the company’s recent roadmap are blockchain bridges integrated with a decentralized identity structure, application interfaces for developers, and software development kits.