Matter Labs, the company behind zkSync, an Ethereum Layer 2 scaling protocol, announced US$50M in new funding today (in addition to US$6M raised at Series A in February this year). The Series B financing was led by Andreessen Horowitz and included existing investors Placeholder, Dragonfly, and 1kx. A second financing was closed with strategic partners such as Blockchain.com, Crypto.com, Consensys, ByBit, OKEx, Alchemy, Covalent and joined by the founders and leadership of AAVE, Paraswap, Lido...
