Brevis raises $7.5M in a Seed funding round

#Brevis secures $7.5M in a Seed funding round co-led by Polychain Capital and Binance Labs, with participation from IOSG, Nomad Capital, Bankless Ventures, HashKey Capital and angel investors.

Brevis is a verifiable off-chain computation engine that brings limitless computation capacity to smart contract blockchains. Brevis uses zero-knowledge proofs to offload costly, data-heavy computations to a lower-cost off-chain engine, enabling #Web3 applications to scale while maintaining #Layer1 security.

👉 x.com/brevis_zk/status/1856025259402768520

📢 Binance Labs has invested in Brevis

#Brevis is a ZK-coprocessor platform that unlocks new use cases for apps by allowing verifiable, trust-free computations on historical on-chain data.

Using Brevis’ programmable SDK, developers can build powerful data-driven and computation-intensive dApps to launch new product features without requiring them to understand the underlying cryptographic and mathematical complexity.

#Binance #HaveYouBinanced #AltCoinRush

Binance Labs unveils investment in Brevis

#BinanceLabs invests in #Brevis to enable new use cases through off-chain, verifiable computation solutions. Brevis will use secured funds to bridge the gap between off-chain computation and on-chain trust, unlocking new possibilities for data-driven dApps.

Brevis is a verifiable off-chain computation engine that brings limitless computation capacity to smart contract blockchains. Brevis uses zero-knowledge proofs to offload costly, data-heavy computations to a lower-cost off-chain engine, enabling #Web3 applications to scale while maintaining #Layer1 security.

👉 binance.com/en/blog/ecosystem/binance-labs-invests-in-brevis-to-enable-new-use-cases-with-offchain-verifiable-computation-solutions-6986323390149714977?hl=en