Layer 2 Solution StarkWare Completes US$50 Million Financing, Valued at US$2 billion
TokenInsight news, Ethereum Layer2 privacy computing solution StarkWare announced that it has completed a $50 million round of financing in its C round of financing, and its valuation has reached $2 billion. This round of financing was led by Sequoia Capital, including participation from Paradigm, Three Arrows Capital, Alameda Research, and others.
StarkWare is committed to improving the scalability and privacy of the blockchain, providing zero-knowledge proof and post-quantum security encryption proof. StarkWare will develop a complete proof stack: software and hardware to support the rapid and reliable generation and verification of computational integrity proofs for general calculations.