The zkSync project has raised $200 million in funding

The well-known project uses roll-up technology. Thanks to this second-level solution, the developers accelerate transactions in the Ethereum network.

Yesterday, November 16, on its Twitter, the zkSync project announced new achievements in raising capital and revealed some details of the plan for future development.

- Thanks to the $200 million raised, the project now has a total of $458 million in the capital;

- 2/3 of the project's tokens are reserved for the ecosystem;

- The project also announced its partnership with openzeppelin. This is a platform for creating and deploying decentralized applications;

While some are talking about significant losses and predicting the collapse of cryptocurrency markets, others are preparing to conquer new peaks. Others are starting to build and expand their projects because there is simply no better solution in these challenging times.