Binance Labs Announces Investment in Ethereum ETH Based Cryptocurrency Project

Binance Labs, the investment arm of the largest cryptocurrency exchange in the world, Binance, has recently made an undisclosed investment in Zircuit, a developer of Ethereum (ETH) Layer 2 network technology.
Zircuit is an innovative Layer 2 network that focuses on enhancing on-chain security through AI-powered zero-knowledge collection with sequencer-level security. This approach brings a new level of security to the blockchain industry.
Yi He, the Co-Founder of Binance and Head of Binance Labs, expressed excitement about the investment, stating that Binance Labs supports projects that drive innovation in the blockchain industry. Zircuit’s secure L2 solution with sequencer-level security integration aligns with Binance Labs’ mission to accelerate the growth of Web3 technologies.
Zircuit is known for its zk rollup technology, which combines parallelized circuits and AI-enabled security at the sequencer level. This cutting-edge approach sets Zircuit apart in the blockchain space.
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