Cysic raises $12M in a Pre-Series A funding round

#Cysic , a zero-knowledge hardware company, has secured $12 million in a funding round led by #HashKeyCapital and #OKXVentures with participation from #ABCDELabs, #BitDigital, #CoinSwitch, #IDGBlockchain, #MatrixPartners, #PolychainCapital, #SNZ and #Web3com .

The investment aims to advance #zeroknowledge proof generation speed and efficiency. Established in 2022, Cysic focuses on ASIC design for real-time ZK proof generation. The funds will support global expansion and hardware production.

O K X Ventures, the investment arm of leading crypto exchange and Web3 technology company O K X, today announced that it has made an A round investment in Polyhedra Network.

#web3 #OKX #OKXVentures #polyhedra

The #OKXVentures and #ZeekNetwork One-Pager

OKX Ventures, the investment arm of OKX, focuses on high-potential blockchain projects. They invest in blockchain infrastructure, Layer 2 solutions, #DeFi , Web3.0, NFTs, and the Metaverse with a $100 million fund.

Key Statistics:
ROI of Launches: Average ROI is 14X.
ATH Comparison: Projects like Arbitrum and #ZKsync have significant all-time highs.
Fluctuation of Portfolio Coins: Diverse performance, balancing risks and gains.

Zeek Network enhances interoperability, scalability, and security for dApps. It aligns with #OKX Ventures' goal of fostering blockchain innovation and driving technological advancement.

Using Zeek Network:

Registration: Sign up on Zeek Network and verify your email.
Social Tasks: Engage with posts and share content to earn rewards.
User Interface: Clean and intuitive.
User Experience: Smooth and responsive for both desktop and mobile users.