Matter Labs attracts to scale business $200 million – Bits Media

Cryptocurrency company Matter Labs, The second -level solution for the ZKSYNC Ethereum network has developed, announced, that I received funding in the amount $200 million.

The main investors were companies such as Blockchain Capital and Dragonfly, as well as Lightspeed Venture Partners and Andreessen Horowitz. In the general difficulties for all rounds of financing Matter Labs managed to attract $458 million.

The company announced, that the ZKSYNC code will be released under the MIT Open Source license at the end of the third quarter of the year. It means, that the code will become open to developers - they will be able to view, Change it, Making independent projects.

The first stage of ZKSYNC was launched at the end of October, However, now more 150 Projects said, that they want to join the main zksync network. Company partners have become companies such as Uniswap, Sushiswap, Chainlink, 1Inch and others. According to the director of the products of Matter Labs Steve Newcomba (Steve Newcomb), Thanks to the open source code, the protocol can become a second -level industry standard.

Newkombie, that one of the main goals of the company is to prevent centralized censorship in the cryptocurrency industry. Matter Labs approach to this issue is quite simple: 

"All, except open source code, - This is centralized codes ".

Earlier, the company announced, What is preparing to launch the Pathfinder prototype - the third -level solution to scaling the Ethereum network. The test launch is scheduled for the beginning 2023 of the year.