Binance Labs, the investment and incubation division of Binance, has made a strategic investment in Zircuit, a zero-knowledge rollup platform with AI-powered sequencer-level security.

Zircuit is an innovative Layer 2 (L2) network that introduces a unique approach to on-chain security. It employs sequencer-level security along with automated AI mechanisms to protect users from smart contract exploits and malicious activities. The network's hybrid architecture combines proven rollup infrastructure with zero-knowledge proofs, resulting in a fast, cost-effective, and fully EVM-compatible ZK rollup that offers unmatched security without compromising speed or compatibility. Specifically, Zircuit achieves its efficiency and cost-effectiveness by breaking down circuits into specialized components and aggregating proofs.

Yi He, Co-Founder of Binance and Head of Binance Labs, expressed support for Zircuit's innovative approach, stating that Binance Labs backs projects that drive innovation in Web3 and advance the blockchain industry. With Zircuit's integration of sequencer-level security, it provides a more secure L2 solution, and Binance Labs looks forward to its continued growth and development.

As Zircuit prepares for the launch of its mainnet this summer, its ecosystem is already experiencing significant growth. The network currently hosts over $3.5 billion in staked assets, and its "Build to Earn" program has attracted over 1,100 applications. Notable launch partners include Ethena, Renzo, Ether.fi, KelpDAO, Elixir, Ambient, Pendle, and LayerZero.

Dr. Martin Derka, Co-Founder of Zircuit, emphasized that Zircuit is built on cutting-edge scaling and security research, aiming to make Ethereum safer for the next billion users. The partnership with Binance Labs marks an exciting milestone in Zircuit's journey.

Zircuit's architecture combines ZK rollup with AI-enabled sequencer-level security and parallelized circuits, developed by a team of web3 security experts and PhDs in computer science, algorithms, and cryptography.

Binance Labs, as the venture capital arm and accelerator of Binance, boasts a portfolio of over 250 projects from 25 countries across six continents, with a return on investment rate of over 14X. Fifty of its portfolio companies have undergone incubation programs.