Zecrey protocol has raised $4M in an angel fundraising round

Zecrey has raised $4M

Zecrey is a layer 2 cross-chain protocol rooted in zkRollup with cutting-edge privacy features that has completed its angel round of financing. The fundraise was jointly led by Spartan Group & Shima Capital with contributions from Fundamental Labs, Fenbushi Capital, Amber Group, Avalanche Asia Star Fund (Avatar), CMT Digital Group, SevenX, D1 Ventures, Spark Digital Capital, Pluto Capital, Youbi Capital, Avstar, Mulana, Mapleblock, Nagi Hamiyeh from Temasek (CIO), and Bruno Porto from Glencore.

The funds will contribute towards Zecrey’s expansion of the development team, marketing and branding, and blockchain collaboration.

Zecrey brings to the blockchain community a simple to use yet highly efficient cross-chain protocol based on zkRollup which includes the aggregation and management of digital assets from different public chain ecosystems (Ethereum, Near, Solana, BNB Chain, etc). Lightning-fast transaction confirmations at a fraction of the fee compared to traditional systems while keeping transactions private is the name of the game.

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