ZK-proof Web3 infrastructure developer gets backing from Binance Labs
Delphinus Lab is building a zero-knowledge proof rollup service aimed at powering Web3 application development. Zero-knowledge proof technology continues to garner interest and investment as Binance Labs becomes the latest firm to invest in ZK-proof powered infrastructure being developed by Delphinus Lab. Binance’s venture capital arm announced a strategic investment into Delphinus Lab’s zero-knowledge WebAssembly (zkWASM) virtual machine. The zkWASM is being labeled as the first known open-source virtual machine to support ZK computation and application software development kits. Cointelegraph can exclusively reveal that Binance Labs is investing $2.2 million into Delphinus Lab, with the funds set to facilitate the ongoing development of its application rollup platform zkWASM Hub, which will provide automated proving and batching services for Web3 applications. We're excited to announce we've invested in @DelphinusLab! Delphinus Lab is an infrastructure provider that has im...