#ZKsync #ZK
Binance Labs Invests in ZKsync Elastic Chain
Binance Labs has invested an undisclosed amount in Sophon, bringing Sophon's total raised to date to over $70 million.
Sophon is ZKsync's elastic chain. The v24 update, which launched in June, transformed ZKsync from a single ZK rollup to a multi-chain network.
