Binance Labs, Sequoia China and Others Invest $2.5 Million in zkPass
  • August 3, 2023
  • Berwa Holdings Team

In August 2023, zkPass raised $2.5 million in a seed funding round. Investors included Binance Labs, Sequoia China, OKX Ventures, dao5, SIG DT Investments, Cypher Capital, Leland Ventures, and Blockchain Founders Fund.

zkPass uses zero-knowledge proofs, multi-party computation, and transport layer security to let users disclose personal data from any website without revealing or uploading the underlying documents.

The funding supported development of its pre-alpha testnet, which had 190,000 signups on its waitlist at the time. The project was incubated by Binance Labs.

Source: The Block

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