RIYADH: UAE-based decentralized finance platform ZKX raised $4.5 million in a seed funding round
The investors were StarkWare, Alameda Research, Amber Group, Huobi and Crypto.com.
The company offers a finance platform to increase transaction speed as well as keep gas fees low, Wamda reported.
Founded in 2021, ZKX will use the investment to grow its ecosystem and decentralized autonomous organization funding as well as further develop its open-source protocol.