Sophon, the zkSync Hyperchain, Successfully Raises $60 Million via Node Sale
Wednesday, 8 May 2024, 14:02
Sophon Raises $60 Million via Node Sale
Sophon, a zkSync 'hyperchain' project, has recently completed a successful node sale, raising approximately $60 million. The project, built using Matter Labs' ZK Stack, aims to improve scalability and efficiency in blockchain networks.
Implications for Layer 2 Solutions
The significant funding received by Sophon underscores the growing interest in Layer 2 solutions within the blockchain ecosystem. This influx of capital positions Sophon to drive innovation and make substantial contributions to decentralized technology.
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