The world’s largest cryptocurrency exchange BinanceBinance Labs, the venture capital and incubation arm of Ethereum (ETH) has invested an undisclosed amount in Layer 2 network developer Zircuit.

“Binance Labs, the venture capital and incubation arm of Binance, has invested in Zircuit, an AI-powered zero-knowledge collection with sequencer-level security.

Zircuit is a new Layer 2 (L2) network that takes a new approach to on-chain security.”

Binance Co-Founder and Head of Binance Labs Yi He said: “At Binance Labs, we support projects that innovate on Web3 and accelerate the blockchain industry. “Zircuit provides a more secure L2 solution through sequencer-level security integration, and we look forward to watching it grow and evolve further.”

*This is not investment advice.

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