According to ChainCatcher, Binance Labs announced an investment in ZKsync's "elastic chain" Sophon. The specific amount has not been disclosed. It is reported that Sophon uses Matter Labs' modular open source framework to build a second-layer network. The main network will be launched next month and the token will be deployed soon. It is reported that the total amount of financing of Sophon has exceeded 70 million US dollars so far.