According to Techub News, QED, a Bitcoin extension protocol focusing on zero-knowledge proof verification technology, announced the completion of a $6 million seed round of financing, with Blockchain Capital as the only investor. Carter Feldman, founder of QED, said that QED began raising funds in March and completed this round of financing in April. This round of financing has brought QED's valuation to "nine figures." Feldman said that the testnet of the QED protocol is expected to be launched in the next 3 to 4 months, and the mainnet will be launched after QED reaches a community consensus on the launch. QED will also launch its native token along with the mainnet.

 

QED has raised a total of $10.6 million so far. Prior to this, the company completed a $3.25 million Pre-Seed round of financing, with investors including Arrington Capital, StarkWare, Draper Dragon, etc. In addition, it also completed a $1.35 million angel round of financing, with investors including Sparkle Ventures, etc.