Binance Labs, the investment arm of the world’s largest crypto exchange, has announced a new investment in Zircuit, a Layer-2 (L2) network that uses artificial intelligence (AI) for enhanced security.
AI-Enabled Security
Zircuit’s L2 combines rollup technology with zero-knowledge proofs to create fast, low-cost, and Ethereum Virtual Machine (EVM)-compatible transactions. The network’s AI-powered “sequencer level” security aims to improve efficiency and reduce operating costs.
Impressive Growth
Zircuit’s “Build to Earn” program has received over 1,100 applications and has partnered with top industry players. The network has already secured over $3.5 billion in staked assets, with its mainnet launch expected in the coming months.
Binance Labs’ Support
Yi He, Co-Founder of Binance and Head of Binance Labs, said, “We support projects that innovate in Web3 and advance the blockchain industry. Zircuit’s AI-enhanced security provides a more secure L2 solution, and we are excited to see its growth and development.”
