Fermah, a developer of a general proof generation layer, announced the completion of a $5.2 million seed round of financing, led by a16z's CSX and Lemniscap, with participation from Bankless Ventures, Longhash Ventures, Public Works, ZK Validator and others. Fermah aims to solve problems related to zero-knowledge (ZK) proofs by serving as a market for zero-knowledge (ZK) proof generation. The new funds will be used to strengthen its teams in marketing, engineering and other departments, and expand its product offerings. (The Block)