Binance Labs has taken a significant step forward by investing in Zircuit to bolster Layer 2 innovations with cutting-edge AI-enabled security protocols.

The venture capital division of the popular cryptocurrency exchange is actively investing in promising startups. Binance , Binance Labs , disclosed its latest investment in Zircuit Zircuit stands out as a zero-knowledge (ZK) rollup equipped with advanced AI-driven security measures at the sequencer layer.

Zircuit enhances user safety through its sequencer-level security features, which also include automated AI systems designed to mitigate risks associated with smart contract vulnerabilities and adversarial actors. The network employs a hybrid architecture that fuses established technology with zero-knowledge proofs, resulting in a rapid, cost-efficient, and fully EVM-compatible ZK rollup that prioritizes user security. Additionally, Zircuit boosts its efficiency by segmenting circuits into tailored components and consolidating proofs, which enhances performance and minimizes operational costs.

Currently, Zircuit is in its Testnet phase and is preparing for its mainnet launch slated for July. The platform also offers its users a unique opportunity to participate in staking activities. staking program Users can stake ETH, along with liquid staking tokens (LSTs) and liquid restaking tokens (LRTs), to earn Zircuit Points, with an impressive total of over $3.5 billion staked in assets as of now. amassed . Furthermore, it provides a Build to Earn The project is also running an incentive program aimed at rewarding contributors within the ecosystem, which includes builders, founders, and community participants. Significant partnerships have been forged with various organizations, such as KelpDAO, Ether.fi, Renzo, and Ethena, with more than 1000 applications having registered.

As Zircuit gets closer to its mainnet launch, there are plans in place to initiate a gas mining program. Additional details regarding the program, strategic partnerships, and migration specifics will be shared in due course.

Binance Labs is amplifying its commitment to startups, particularly those involved with Ethereum and Bitcoin protocols.

Over the past few years, Binance Labs has significantly expanded its presence, now holding a valuation of over $10 billion. The venture capital firm supports a portfolio comprising 250 projects within more than 25 countries around the world, achieving a remarkable return on investment ratio exceeding 14X.

This latest move by Binance Labs underscores their keen interest in companies within the staking and restaking segments of the market. For instance, in 2024, Binance Labs has provided support to emerging protocols like Renzo and Puffer Finance, both of which are gaining traction as significant players in Ethereum's liquid restaking space. Moreover, Binance Labs has recently extended its support to uk uz uz , marking a foray into the Bitcoin liquid staking arena.