ZKM raises $5 million ahead of Bitcoin-based Layer 2 launch

Quick Take

  • ZKM has raised $5 million in an early-stage funding round led by OKX Ventures, as it prepares to launch a new Layer 2 network on the bitcoin blockchain.
  • The ZKM Bitcoin Layer 2 is part of a broader effort to develop a network that offers multi-chain interoperability without relying on a separate chain.