PANews reported on November 27 that the decentralized digital identity infrastructure Rarimo announced the completion of a $2.5 million Vision round of financing, with investors including Ethereum co-founder Vitalik Buterin, Celestia co-founder Nick White, Aztec co-founder Zac Williamson, and Arnaud Schenk, among other leaders in the blockchain and zero-knowledge proof (ZK) fields. This round of financing aims to promote Rarimo's vision of a fully decentralized digital identity and will migrate to Ethereum Rollup in the first quarter of 2025 to enhance accessibility.
Rarimo's core technology ZK identity registry has been applied in multiple fields, including election voting and the construction of decentralized social graphs. Vitalik Buterin stated that Rarimo wraps existing identity verification methods with ZK technology, which is an effective strategy for protecting privacy and enhancing trust.
