Aligned Layer, a decentralized ZK Proof verification layer for Ethereum powered by Eigen Layer, has completed a $2.6 million seed round of financing, led by Lemniscap, with participation from Bankless Ventures, Paper Ventures, Sreeram Kannan, Brandon Kase, Daniel Lubarov, DCbuilder, Chainyoda, Weikeng Chen, Sami BENYAKOUB (samnode_), Peter Fittin (SizeChad) and Lucas Kozinski, and strategic investment from StarkWare and O(1)Labs.
Aligned Layer will use this round of financing to expand its team and accelerate the launch of the Aligned Layer mainnet (expected in the second quarter of 2024).
It is reported that Aligned Layer aims to provide affordable zero-knowledge proof verification for Ethereum, promoting scalability and interoperability. The layer integrates multiple zero-knowledge proof systems to reduce costs, increase speed, and promote innovation in blockchain technology. (Chainwire)