According to official news, L2 blockchain solution provider Kroma announced that it has received strategic investment from JB Investment.
Kroma, built on Superchain, is advancing the OP Stack to improve the security and efficiency of blockchain transactions. By integrating native account abstraction, Kroma aims to reduce gas fees and simplify the experience for developers and end users. Kroma is also an OP Stack rollup using the ZK fault proof system powered by the Tachyon library, which accelerates ZK proof generation and reduces costs, providing scalability without compromising security.
According to reports, JB Investment is the venture capital department of JB Financial Group, and its investment portfolio includes Wavebridge (digital asset B2B solution), Carrieverse (Web3 metaverse game), Mass-Adoption (blockchain-based brand membership solution "Vircle"), etc.
Earlier news, Kroma announced the completion of Series A financing, with Asia Advisors Korea, Gate Ventures, ICC Venture, Planetarium, Presto, RFD Capital, Taisu Ventures, The Spartan Group, Waterdrip Capital and others participating in the investment. The specific financing and valuation information has not been disclosed yet.