ZK project Hylé received US$2.6 million in financing led by Framework Ventures

Golden Finance reports that ZK project Hylé raised US$2.6 million in funding led by Framework Ventures. This new funding round brings Hylé’s total funding to $3.4 million, and the company’s total cash to approximately $5 million. Cherry Crypto, Fabric Ventures, First Capital and Heartcore Capital also participated in the round. The company intends to use the funding to help launch its mainnet as soon as possible and hire backend experts and protocol engineers to build other proof-of-concept solutions such as Polygon zkEVM, Cairo, and Noir.