Zero-knowledge project Hylé completes $2.6 million in new financing, led by Framework Ventures

BlockBeats news, May 14, according to TheBlock reported that zero-knowledge project Hylé completed $2.6 million in new financing, led by Framework Ventures.

The new financing brings Hylé's total financing to $3.4 million and the company's total cash to approximately $5 million. The company intends to use the financing to help launch its mainnet as soon as possible and recruit backend experts and protocol engineers to build other verification schemes such as Polygon zkEVM, Cairo, and Noir. The proof scheme uses cryptography to verify the project without revealing its sensitive information.