Zero-Knowledge Project Hylé Completes $2.6 Million New Financing, Led by Framework Ventures

ChainCatcher news, according to The Block, the zero-knowledge project Hylé has completed a new financing round of $2.6 million, led by Framework Ventures, with participation from Cherry Crypto, Fabric Ventures, First Capital, and Heartcore Capital.

It is reported that the new financing brings Hylé's total funding to $3.4 million, with the company's total cash reaching approximately $5 million. The company plans to use this funding to help launch its mainnet as soon as possible and to recruit backend experts and protocol engineers to build other verification solutions, such as Polygon zkEVM, Cairo, and Noir. The proof solutions use cryptographic techniques to verify projects without disclosing their sensitive information.