CoinVoice recently learned that Oak Grove Ventures announced its investment in ZEROBASE, a real-time ZK proof network service provider. ZEROBASE's current round of financing also includes Binance Labs, Lightspeed Faction, Matrix Partners, IDG and other well-known institutions.
ZEROBASE was launched by Salus, which is committed to creating a privacy-preserving computation network tailored for ZK use cases. The project aims to be an innovator in ZK technology, providing a solution that coexists without compromise between privacy and transparency. ZEROBASE has built the fastest privacy-preserving prover network, directly addressing the efficiency and confidentiality issues associated with ZK proof generation.
Oak Grove Ventures is a fund focused on early-stage investments in the cryptocurrency and Web3 sectors. This investment demonstrates confidence in ZEROBASEâs potential in promoting the development of ZK technology and privacy-preserving computing. This investment is expected to accelerate the adoption of ZK technology in various application scenarios and promote the development of innovative solutions that balance privacy protection and transparency. [Original link]