Binance Labs has invested in zkSync's "elastic chain" Sophon in its token funding round. Designed to optimize scalability and flexibility, Sophon promises to improve transaction performance and interoperability across the blockchain ecosystem. This investment from Binance Labs marks a significant step forward in developing blockchain solutions using ZK (zero-knowledge) technology, aiming to bring greater security and efficiency to decentralized applications (dApps). Through this move, Binance Labs continues to affirm its commitment to supporting innovative projects in the blockchain space.