JUST IN: Binance Labs Announces Investing in Ethereum (ETH) Based Cryptocurrency Project!

Binance Labs, the venture capital and incubation arm of Binance, the world's largest cryptocurrency exchange, has invested an undisclosed amount in Ethereum (ETH) Layer 2 network developer Zircuit.

Binance Labs, the venture capital and incubation arm of Binance, has invested in Zircuit, an AI-powered zero-knowledge collection with sequencer-level security.

Zircuit is a new Layer 2 (L2) network that takes a new approach to on-chain security.

Yi He, Co-Founder of Binance and Head of Binance Labs, said: “At Binance Labs, we support projects that innovate on Web3 and accelerate the blockchain industry. Zircuit provides a more secure L2 solution with sequencer-level security integration, and we look forward to watching it grow and evolve further.” we are waiting.

Weve invested in @ZircuitL2

Zircuit is a zk rollup with parallelized circuits and AI-enabled security at the sequencer level.

— Binance Labs Fund (@BinanceLabs) June 11, 2024

*This is not investment advice.