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REGULATION
by
2 years ago

Scroll, Ethereum Layer 2 Network Raised $50 Million At $1.8 Billion Valuation

2023-03-07

REGULATION
by
2 years ago


Scroll is an Ethereum layer 2 network that used zkEVM-based zkRollup technology to implement layer 2 solution. It processes transactions off-chain and succict them on the Ethereum base layer. It is EVM compatible. Scroll received $50 million funding at $1.8 billion valuation from Polychain Capital, Sequoia China, Bain Capital Crypto, Moore Capital Management, Variant Fund, Newman Capital, IOSG Ventures and Qiming Venture Partners. Scroll was founded in 2021 by Haichen Shen, Sandy Peng, and Ye Zhang. 




Read more about Scroll on Medium or visit Scroll website.



 

 

 

 

 

 

 

 

 

 

 

 

 


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