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The cryptocurrency and blockchain sector is witnessing significant advancements in zero-knowledge (ZK) technology, with multiple entities announcing funding rounds and initiatives. Morningstar_vc participated in the Seed Round of ZeroLendXYZ, a rapidly growing DeFi protocol, raising $3M at a $25M valuation with investors like BlockchainFF, Momentum_6, and Cypher_Capital. Citrea also raised $2.7M in seed funding, led by GalaxyHQ, to build the first zero-knowledge rollup for Bitcoin, with participation from Delphi_Ventures, ERCWL, AnuragArjun, Barinov, and VelvetMilkman. Furthermore, the Ethereum Foundation, in collaboration with Aztec, Polygon, Scroll, Taiko, and zkSync, has opened the first ZK Grants Round, contributing $150K each to a shared prize pool totaling $900K, to support developers in the field.
The Ethereum Foundation announced that the first round of ZK funding is now open. The Ethereum Foundation is partnering with Aztec, Polygon, Scroll, Taiko, and zkSync to contribute $150,000 each to the shared prize pool, for a total of $900,000. Application deadline is March 18,…
We're proud to be supporting the very first ZK Grants Round hosted by the @ethereum Foundation. @Scroll_ZKP is committing $150K to a shared prize pool to encourage the advancement of zero-knowledge proofs and new industry standards :) https://t.co/u1w8Oc9QH2
At @Scroll_ZKP, we're committed to encouraging open-source development and research to advance and further the adoption of zero-knowledge proofs and ZK powered L2s. We're joining the @ethereum Foundation in donating $150K to a shared prize pool in the first ZK Grants Round 🧵 https://t.co/RWpx4gODpG
