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 an Ethereum (ETH) Layer 2 network.
Zircuit is a new Layer 2 (L2) network that offers a unique approach to on-chain security, utilizing AI-powered zero-knowledge technology with sequencer-level security integration.
Yi He, Co-Founder of Binance and Head of Binance Labs, expressed their support for projects that drive innovation in Web3 and propel the blockchain industry forward. He highlighted Zircuit’s enhanced security features and expressed excitement for its future growth and development.
Zircuit, described as a zk rollup with parallelized circuits and AI-enabled security at the sequencer level, is poised to revolutionize the world of cryptocurrency transactions.
For those interested in investing in a wide range of cryptocurrencies, Binance offers a 20% commission discount for new users who register through this link. Stay updated with exclusive news, analytics, and on-chain data by following Binance’s Telegram and Twitter accounts.
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