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sophon - Undisclosed
Overview
Funding Date
October 3, 2024
Financing amount
--
Valuation
--
Catagory
Subcategory
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About sophon - Undisclosed
Binance Labs, the $10 billion venture capital and incubation arm of the crypto exchange Binance, has invested an undisclosed sum in Sophon, a ZKsync "elastic chain" or a Layer 2 network being built using Matter Labs' modular, open-source framework, zk stack.
Investors
Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
---|---|---|---|---|---|---|
Fund | Malta | 2018 | 148 | -- |
Company Profile / Project Introduction
Sophon is an entertainment-focused ecosystem built as a Modular Rollup utilizing zkSync's Hyperchain technology. Operating as a zkSync Hyperchain leveraging the ZKStack, Sophon is designed to be compatible with any high-throughput applications such as artificial intelligence and gaming applications.