Telos receives $1 million strategic investment from Presto Labs to develop L2 powered by SNARKtor

2024-05-08 11:38:25BlockBeatsShare to:

According to BlockBeats, on May 8, according to Chainwire, Telos announced that it had received a strategic investment of US$1 million from Presto Labs. The funds will be used for Telos to develop the Ethereum Layer 2 zkEVM network based on SNARKtor, and will also help incubate the growth of SNARKtor Labs.

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