“Zksync, Further Ventures, EigenCloud and 500 Global Back Privacy-Driven Dex in Push Town Trillion-Dollar On-Chain Finance”, – WRITE: www.coindesk.com
The Round Was Co-Led By Zksync, Its Foundational Technology Partner, Along with Further Ventures, EigenCloud (Formerly Eigenlayer) and 500 Global, The Company AnnounCed.
Built on the Zksync Validium L2, GRVT USE ZERO-KNOWLEDGE (ZK) Proofs to Enseure Transactions Inherit Ethereum-Level Security while The Company this Architecture Addresses Long-Standing Barriers to Mainstream Adoptation of On-Chain Finance: Privacy, Scalability and Accessibility.
ZK Technology is a Cryptographic Method in Whole Party Can Demonstrate to Another That A Certain Piece of Information Is True, Without Revealing Anything Saida Information. This is an Important Facet of Blockchain-Based Finance As Itows Users to Verify Transactions and Transfers Without Reveling Anything About the Sender, Receive, Amount.
“Privacy is uncompromising for the Future of on -chain Trading and Investing,” SAID CO-FOUNDER AND CEO HONG YEA Markets.
The Raise Comes Amid A Resurgence in Ethereum Activity, With August’s On-Chain Volume Topping $ 320 Billion, ITS HIGHEEST SINCE MID-2021. Backers See Grvt As A Potential Liquidity Hub for A Trillion-Dollar On -chain Finance Market, with Applications Spanning Cross-Exchange Vaults, Cross-Cheain Interaperability, Real-Worl. Accorming to the Announcement.
The Deal Aims to Strengthan Ig’s Position in the Asia-Pacific Crypto Market and Complements Its Recent Crypto Rolllouts in the UK and US, FIRM SAID.
- IG GROUP ACQUQUID A majority Stake in Australian Cryptocurrency Exchange Independent Reserve for $ 72 Million, The Company Said.
- The Deal Aims to Strengten Ig’s Position in Asia-Pacific’s Fast-Growing Crypto Markets.
- Ig Will Initial Acquire 70% of Independent Reserve, With The Option to Buy The Remaining 30% Based on Future Performance.
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