VCs Target Infrastructure with a Hint of DeFi

Venture Capital Deals

zkLend is an Ethereum-based crypto money market similar to Aave and Compound, but will use zero-knowledge rollups to allow users to borrow and lend liquidity without broadcasting identifying information to the Ethereum chain. The project raised $5 million in a seed round led by Delphi Digital with participation from Starkware, Three Arrows Capital, and Alameda Research, among others. zkLend is working to launch its retail lending product, Artemis, in Q3 of this year, as well as launching an institutional product, Apollo, in early 2023 that will perform KYC and AML pra...