Brevis Announces $7.5M Seed Round to Shape the Future of Verifiable Computing
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Nov 11 2024Funding Announcement: Brevis has secured $7.5 million in seed funding led by Polychain Capital and Binance Labs, aimed at enhancing its smart verifiable computing platform that allows for scalable off-chain computation while maintaining on-chain security through zero-knowledge proofs.
Product Launch and Partnerships: The company introduced its ZK Coprocessor product, enabling developers to create complex decentralized applications (dApps) without deep cryptographic knowledge, and has partnered with various protocols to launch new features powered by the Brevis SDK.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
