zk identity oracle zkMe completes $2 million Pre-Seed funding round, with participation from Circle Venture and others

ChainCatcher news, the zk identity oracle zkMe has completed a $2 million Pre-Seed round of financing, with participation from Circle Venture, Spartan Group, CMS Holdings, Fenbushi Capital, NGC Ventures, Arkstream Capital, and others. The plan is to use the new funds to accelerate development, aiming to complete mainnet testing and launch customer registration features within a month.

ZkMe allows users to encrypt their data and use ZKP to prove statements on their own devices, effectively verifying user eligibility while protecting their privacy. (Source link)