ZK Proof Identity Solution zkMe Raises $4M Seed Round

IconCryptoNewsTerminal Staff20 Aug, 2024

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ZK Proof Identity Solution zkMe Raises $4M Seed Round

zkMe, a zero-knowledge proof identity solution provider, has successfully secured $4 million in a seed funding round. The funding was led by Multicoin Capital, with additional participation from OKX Ventures and Robot Ventures. The funding will be primarily utilized to advance the development of the zkMe Network, a zero-knowledge identity layer designed for Web3 developers. The network intends to empower the creation of applications requiring stringent identity verification and compliance measures. The network is slated for launch later this year.