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
Celo launches Dango Layer 2 testnet in first step towards joining Ethereum ecosystem Celo launches Dango Layer 2 testnet in first step towards joining Ethereum ecosystem
Blast to Create a Foundation to Help Protocol Governance Blast to Create a Foundation to Help Protocol Governance
Bitcoin Lightning hacker Burak introduces new layer 2 ‘Brollups’ Bitcoin Lightning hacker Burak introduces new layer 2 ‘Brollups’
Layer 2 network Blast to roll out its token airdrop next week Layer 2 network Blast to roll out its token airdrop next week
ZKSync to Distribute 3.675 billion $ZK tokens to Community ZKSync to Distribute 3.675 billion $ZK tokens to Community
Latest News More More
US spot Bitcoin ETFs logged $187 million in net inflows yesterday as BTC hovers around $60,000
9 Minutes Ago Circle is launching USDC on Sui, marking its 15th network integration
3 Days Ago MicroStrategy adds 18,300 Bitcoin, now holds $14.14B worth of BTC
3 Days Ago Grayscale to launch US XRP trust, paving way for potential ETF
4 Days Ago ZKsync activates decentralized governance system with onchain contracts
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open