According to Techub News, as reported by The Block, the Web3 wallet Zerion announced that its Ethereum L2 ZERO Network has officially launched on the mainnet, allowing users to conduct transactions and cross-chain activities without paying gas fees. Zerion stated that the ZERO Network is based on smart accounts and Paymasters' native account abstraction, helping users conduct free transactions.


In addition, Zerion announced the completion of a financing round of undisclosed amount, with angel investors including Cooper Turley, Spencer Noon, Yearn chief developer Banteg, Alex Gluchowski, Patricio Worthalter, and NBA player Duncan Robinson. According to the project's introduction, angel investors from companies such as Lido, Daylight, Celestia, ETHGlobal, and OpenSea also participated in the investment.