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The interoperability protocol for zero-knowledge proofs, Topos, has completed a $5 million extended seed round financing, with participation from Polygon co-founders and others

Sep 18, 2024 22:40:30

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ChainCatcher news, zero-knowledge encryption technology company Toposware (Topos) announced the completion of a $5 million extended seed round financing, with participation from Evolution Equity Partners, Triatomic Capital, K2 Access Fund, and Polygon co-founder Sandeep Nailwal.

According to the RootData page, Topos is an interoperability protocol that utilizes zero-knowledge proofs and reliable broadcasting, allowing various public and private blockchains to communicate with each other. Zero-knowledge proofs enable blockchains to prove the validity of their state transitions without compromising private internal information, such as account addresses and account balances. Topos previously completed a financing round of 750 million yen in 2021.

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