PANews news on April 25, Decentralization ZK proof verification layer Aligned Layer announced on the X platform that the project has completed a $20 million Series A financing, led by Hack VC, dao5, L2 Iterative Ventures (L2IV), Nomad Capital, Finality Capital Partners, Symbolic Capital, Theta Blockchain Ventures, J17 Crypto, Everest Ventures Group (EVG), Decima, GM Ventures, Protagonist, and other strategic partners and angel investors participated.
It is reported that Aligned Layer is the first Decentralization ZK-SNARKs verification layer on Ethereum, powered by Eigen Layer. The funds will be used to expand the team and accelerate the launch of the Aligned Layer Mainnet, which is expected to be completed in the second quarter of 2024.
Previously, on April 15, it was reported that AlignedLayer completed a $2.6 million seed round of financing.