ZKM Raises $5 Million Ahead of Bitcoin-Based Layer 2 Launch

Ethereum ETH/USD scaling solution ZKM has raised $5 million in an early-stage funding round as it prepares to launch its Bitcoin-based BTC/USD Layer 2 network. ZKM secured the investment in a Pre-Series A funding round led by OKX Ventures, with participation from Amber, Metis Foundation, Crypto.com and other firms, ZKM said Monday in a statement.

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