George Town, Grand Cayman, June 11, 2024—Zircuit, an innovative Layer 2 network, has secured funding from Binance Labs.

Binance Labs led the investment to bolster Zircuit's zero-knowledge rollup with AI-enabled sequencer-level security, enhancing on-chain security and scalability.

With the new funds, Zircuit aims to debut its mainnet this summer. The network already boasts over $3.5 billion in staked assets and has attracted significant interest from developers.

Zircuit leverages a unique hybrid architecture combining rollup infrastructure with zero-knowledge proofs, offering fast, low-cost transactions while ensuring robust security. This investment marks Binance Labs' ongoing commitment to advancing Web3 technologies.

For more information, visit zircuit.com.