zkLink Secures $10M in Funding

Published on: 06.05.2023
zkLink Secures $10M in Funding

zkLink, a multi-chain trading platform, has raised $10 million in strategic funding from a group of high-profile investors, including Coinbase Ventures, Ascensive Assets, SIG DTI, BigBrain Holdings, and Efficient Frontier, among others. This latest funding round brings the total funding of the platform to $18.5 million.

zkLink, a multi-chain trading platform, secures $10M in strategic funding to Develop a Multi-Chain Trading Platform

The platform plans to use the funds to further develop its multi-chain trading technology, which relies on a multi-chain ZK-Rollup cryptographic technique to enable scalable, cost-effective, and secure transactions across multiple blockchains. The platform’s ZK-Rollup technology utilizes zero-knowledge proofs (ZKPs) to bundle transactions off-chain before settling them on the blockchain, resulting in faster processing times and lower transaction fees.

The multi-chain trading platform aims to provide traders with a seamless trading experience across different blockchains. With the additional funding, the platform plans to expand its reach to more blockchains and further develop its technology to become the go-to trading platform for crypto traders.

The participation of high-profile investors in this funding round highlights the growing interest in multi-chain trading solutions and the potential of zkLink’s innovative approach to revolutionize the way traders execute transactions. The success of this platform could have a significant impact on the crypto industry by making trading more accessible and cost-effective for traders across multiple blockchains.

As the crypto industry continues to grow, the need for efficient, secure, and scalable multi-chain trading solutions will become increasingly important. zkLink’s cutting-edge technology and innovative approach to multi-chain trading are well-positioned to meet this growing demand and provide traders with a seamless trading experience across multiple blockchains.


Market Stats:
BTC Dominance: 54.09%(+1.02%/24h)
ETH Dominance: 16.01%(-0.10%/24h)
Defi Market Cap: $91.3B(+113.30%/24h)
Total Market Cap: $2448.1B(-6.85%/24h)
Total Trading Volume 24h: $139.68B(+80.49%/24h)
ETH Market Cap: $391.91B
Defi to ETH Ratio: 23.3%
Defi Dominance: 3.56%
Altcoin Market Cap: $1123.81B
Altcoin Volume 24h: $91.78B
Total Cryptocurrencies: 29131
Active Cryptocurrencies: 9649
Active Market Pairs: 80482
Active Exchanges: 747
Total Exchanges: 8323
BTC: 67289.07$(-0.67%/1H)
ETH: 3263.83$(-0.83%/1H)
AVAX: 38.45$(-0.84%/1H)
BNB: 593.77$(-0.32%/1H)
MATIC: 0.76$(-0.92%/1H)
FTM: 0.75$(0.33%/1H)
ADA: 0.51$(-0.89%/1H)
DOT: 7.2$(-1.41%/1H)
UNI: 7.87$(-1%/1H)
CAKE: 3.25$(-0.38%/1H)
SUSHI: 1.11$(-1.27%/1H)
ONE: 0.02$(-0.71%/1H)