zkLink Raises $8.5M In Funding Round

A trustless chain-to-chain DEX based on zero-knowledge technology, zkLink proud to announce the close of $8.5 million in financing led by Republic Crypto with participation from Arrington Capital, DeFi Alliance, Huobi Ventures, Ascensive Assets, Morningstar Ventures, GSR, Marshland Capital, Skynet Trading, ZBS Capital and other investors.

As the first chain-to-chain DEX based on ZK technology, zkLink has launched testnet 2.0 that supports Fast Cross Chain Swap and Fast Bridge, together with a $5,000,000 Giveaway & zkLink Loyalty NFT programme.

zkLink connects separate Layer1 networks with a Layer2 network, so that tokens belonging to different ecosystems can be directly swapped with each other freely on this second layer, without an intermediate token. The Layer2 network will generate zero-knowledge proofs of the off-chain state on a regular basis and upload them to respective Layer1 contracts for verification.

ABOUT zkLink
zkLink is a trustless chain-to-chain DEX based on zero-knowledge technology.

RESOURCES
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