Binance Labs Invests in Delphinus Lab

Binance Labs, the investment and incubation branch of Binance, has made a strategic move by investing in Delphinus Lab. The firm is renowned for creating the initial open-source zkWASM virtual machine, enabling trustless computation and application SDKs. This marks a notable development in decentralized tech, empowering developers to construct zero-knowledge (ZK) apps in their favored programming language and launch them on WASM-compatible platforms.

Yi He, Binance’s co-founder and head of its labs, underlined the company’s commitment to aiding initiatives that form the groundwork for Web3 app growth. He highlighted the pivotal role of Delphinus Lab’s zkWASM implementation in connecting the realms of Web2 and Web3. The advent of this technology is expected to usher in a fresh cohort of developers into the Web3 arena, potentially fostering widespread adoption among both developers and end users. He expressed his endorsement of Delphinus Lab’s leadership in the zkWASM narrative.

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