Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Blockchain company Zeko Labs completes $3 million pre-seed round of financing, led by YBB Capital

Blockchain company Zeko Labs completes $3 million pre-seed round of financing, led by YBB Capital

CointimeCointime2024/04/18 02:10
By:Cointime

Zeko Labs, the parent company of cross-chain zero-knowledge expansion protocol Zeko Protocol, has completed a pre-seed round of financing of $3 million. This round of financing was led by YBB Capital, UOB Venture Management, and Signum Capital, with participation from Autonomy Capital, Cogitent Ventures, GBV, Tenzor Capital, 3Commas Capital, ArkGrow, AVID3, Cryptonauts, Nox Holdings, NxGen.xyz, SkyVision Capital (SVC), and Presto Labs.It is reported that the new funds will be used to expand the team, accelerate product development, and incentivize the ecosystem team. Zeko Protocol is built in collaboration with o1Labs and Mina Foundation, aiming to completely change the software development field by placing advanced zero-knowledge proof capabilities in the hands of developers, greatly expanding the design space for EVM and non-EVM applications.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Institutions are looking for ‘1000x’ opportunities in crypto: Coinbase

Coinbase Institutional’s David Duong looked at how crypto performed in January and explains where crypto’s growing

Blockworks2025/01/29 19:44

Sei Foundation launches $65 million DeSci venture fund 'Sapien Capital'

Sei Foundation has launched Sapien Capital, a $65 million venture fund to back DeSci startups building on its Layer 1 Sei blockchain.The foundation has fully committed the $65 million, with no external capital involved, Justin Barlow told The Block.

The Block2025/01/29 18:55

The Daily: Trump Media approves Truth.Fi launch and crypto investments, Robinhood teases bitcoin futures trading and more

Trump Media & Technology Group has launched a fintech venture called Truth.Fi, aiming to invest up to $250 million in bitcoin, similar cryptocurrencies or crypto-related securities, ETFs and other financial assets.Popular retail platform Robinhood teased the launch of bitcoin, ether, oil and gold futures trading on Wednesday alongside S&P 500, USD and EUR futures, facilitated by the CME Group.

The Block2025/01/29 18:55