According to TechFlow, The Block reported that Binance Labs has invested in ZKsync "elastic chain" Sophon. Sophon is a ZKsync "elastic chain", that is, a layer 2 network built using Matter Labs' modular open source framework. The investment amount has not been disclosed yet.
It is reported that Sophon uses Matter Labs' modular open source framework to build a second-layer network. The mainnet will be launched next month and the token will be deployed soon. It is reported that Sophon's total financing amount has exceeded US$70 million so far.
