Zircuit raises Mainnet funding with support from Binance Labs and others, aiming to enhance ecosystem growth.

From Investing.com

July 22, 2024 12:30:41 PM:

Zircuit, a ZK rollup offering sequencer level security, raised Mainnet funding with backing from Binance Labs, Mirana Ventures, and others. The network, compatible with EVM, aims to enhance ecosystem growth with over $2.9 billion in staked assets, ensuring user security against smart contract exploits and offering industry-leading yields. Plans include becoming a central hub for restaked assets like ETH, BTC, LSTs, and LRTs, addressing the evolving liquid restaking landscape. Binance Labs sees Zircuit as a key player in web3 innovation, offering secure L2 solutions to advance the blockchain industry. Zircuit’s first Mainnet phase is set to launch soon. Interested users can visit zircuit.com for more information or engage in Zircuit’s programs like Build to Earn and Zircuit Staking.

Read more at Investing.com: Zircuit Raises Mainnet Funding Round With Participation From Binance Labs, Mirana Ventures, And Others By Chainwire