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 Manta Network Developer Raises 25M in Series A launches layer 2 for ZK apps

Manta Network Developer Raises 25M in Series A launches layer 2 for ZK apps


Published: 2023-07-19


1. Main topics in the article: a. Manta Network developer raises $25M in Series A b. Launches Layer 2 for ZK apps

1. Manta Network,a developer in the blockchain space,has successfully raised $25 million in a Series A funding round. This substantial investment demonstrates the confidence that investors have in Manta Network's potential and showcases the growing interest in blockchain technology. With this funding,Manta Network will be able to further develop their solutions and expand their reach in the market.

2. In addition to the funding round,Manta Network has also made an exciting development by launching Layer 2 for zero-knowledge (ZK) apps. Layer 2 solutions aim to address scalability issues in blockchain networks,enabling faster and more efficient transactions. By offering a Layer 2 solution specifically designed for ZK apps,Manta Network is aiming to provide a better user experience and enhance the overall performance of decentralized applications built on their platform.

3. The launch of this Layer 2 solution is a significant milestone for Manta Network as it opens up new possibilities for developers and users in the blockchain space. ZK apps,which leverage zero-knowledge proofs for privacy and security,can now benefit from improved scalability and faster transaction speeds. This advancement not only enhances the existing capabilities of Manta Network's platform but also solidifies their position as a leading player in the blockchain industry. Note: Since there were only two main topics in the article,only two points have been provided.


Reference: cointelegraph.com

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1 BTC title=BTC 66,193.41 3,049,352,767.22
2 ARS title=ARS 1,086.70 2,001,506,974.60
3 ETH title=ETH 3,011.80 1,150,129,592.03
4 SOL title=SOL 163.03 884,021,373.48
5 PEPE title=PEPE <0.01 702,761,982.71
6 WIF title=WIF 3.03 316,709,857.42
7 DOGE title=DOGE 0.16 299,846,083.25
8 BOME title=BOME 0.01 293,455,927.55
9 FLOKI title=FLOKI <0.01 274,055,523.94
10 PEOPLE title=PEOPLE 0.05 231,232,495.09
11 NEAR title=NEAR 8.14 226,954,951.98
12 RNDR title=RNDR 10.55 175,546,032.26
13 XRP title=XRP 0.52 175,106,573.67
14 ENA title=ENA 0.73 162,374,719.51
15 AEVO title=AEVO 0.87 161,672,743.42
16 RUNE title=RUNE 6.56 147,699,407.61
17 WLD title=WLD 4.99 122,126,990.13
18 FTM title=FTM 0.81 120,479,779.71
19 BONK title=BONK <0.01 115,156,363.02
20 AVAX title=AVAX 34.70 75,112,739.08
21 AR title=AR 43.83 72,744,978.16
22 JTO title=JTO 4.71 69,898,771.33
23 OP title=OP 2.49 63,626,545.52
24 SUI title=SUI 1.02 63,274,454.10
25 ORDI title=ORDI 38.76 61,921,636.76
26 ADA title=ADA 0.46 49,139,556.70
27 ARKM title=ARKM 2.38 47,756,141.77
28 1000SATS title=1000SATS <0.01 46,975,508.20

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1 ConstitutionDAO title=PEOPLE 0.05 +34.95
2 Chromia title=CHR 0.34 +28.24
3 Fantom title=FTM 0.81 +24.76
4 Jito title=JTO 4.71 +22.71
5 Sei title=SEI 0.55 +21.33
6 Reserve Rights title=RSR <0.01 +20.84
7 Raydium title=RAY 1.78 +19.32
8 BOOK OF MEME title=BOME 0.01 +19.30
9 BEAMX title=BEAMX 0.03 +19.26
10 Immutable title=IMX 2.39 +19.02
11 Theta Fuel title=TFUEL 0.11 +18.25
12 NEAR Protocol title=NEAR 8.14 +17.39
13 iExec RLC title=RLC 3.41 +16.80
14 Stacks title=STX 2.20 +16.70
15 THORChain title=RUNE 6.56 +15.95
16 JasmyCoin title=JASMY 0.02 +15.78
17 Bittensor title=TAO 397.10 +15.47
18 Tensor title=TNSR 0.90 +15.24
19 TrueFi title=TRU 0.12 +15.14
20 Yield Guild Games title=YGG 0.83 +14.94
21 0x Protocol title=ZRX 0.51 +14.90
22 SingularityNET title=AGIX 0.96 +14.63
23 BakerySwap title=BAKE 0.29 +14.56
24 JOE title=JOE 0.48 +14.29
25 Vanar Chain title=VANRY 0.19 +14.11
26 Ocean Protocol title=OCEAN 0.96 +14.07
27 Neutron title=NTRN 0.68 +14.03
28 IoTeX title=IOTX 0.05 +13.86
29 GALA title=GALA 0.04 +13.63
30 Numeraire title=NMR 27.62 +13.48

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