zkTube Labs Closes $15 Million in Financing

TokenInsight reports that ZkTube, the ZK-Rollup-based Ethereum Layer2 protocol, has announced the closing of a $15 million funding round led by Singapore's Dash Foundation and followed by OneUni Capital, Amplio Capital (Bitmart), Chainfir Capital, YFund, and July Capital. , YFund and July Capital, among others. The agreement aims to improve the congestion and high Gas fees of the Ethernet network. It is reported that the funding round will be used for zkTube mainnet operations, mining, and Layer2 ecosystem construction. Meanwhile, its token $ZKT will also be announced to go live in the near future.
Source

Layer 2

Fund Raising

Related News
Blast Launched Mainnet, Unlocking $2.3B Staked Assets Blast Launched Mainnet, Unlocking $2.3B Staked Assets
EigenLayer Raised $100M From a16z EigenLayer Raised $100M From a16z
StarkWare Amended $STRK Token Unlock Schedule Amid Critisism StarkWare Amended $STRK Token Unlock Schedule Amid Critisism
Starknet Token Dumped by Nethermind and Airdrop Farmers Starknet Token Dumped by Nethermind and Airdrop Farmers
Starknet Active Users Dropped Significantly as Dissatisfication over Airdrop Allocation Starknet Active Users Dropped Significantly as Dissatisfication over Airdrop Allocation
Latest News More More
2 Days Ago RWA Protocol Ondo Finance to Launch Tokenized Security
2 Days Ago Bitwise Thinks Spot Bitcoin ETF to See the Next Wave of Institutional Capital as Major Brokerage Firm Open Gate
3 Days Ago Morgan Stanley Considering Add Spot Bitcoin ETF to its Brokerage Platform
3 Days Ago Bitcoin Staking Protocol Babylon Launched Testnet
3 Days Ago Crypto Mining Giant Marathon Digital Unveils Bitcoin Layer 2 Network Anduro
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open