Binance Labs invests in infrastructure developer Delphinus Labs to support its zero-knowledge WebAssembly development infrastructure.
The zkWASM Hub will also allow developers to distribute GitHub applications into its ecosystem through its auto compilation and updating service.Binance Labs also noted that Delphinus Lab has implemented several application-specific software development kits in different languages across multiple applications. This includes dynamic programmable NFTs, fully on-chain games, high-performing trustless Central Limited Order Book and trustless oracles.
A statement from Delphinus Lab founder and CEO Sinka Gao highlighted the firm’s hopes to see Web3 decentralized applications created that combine Web2’s “robustness” with Web3s “decentralized, trustless" nature: "Our zkWASM Hub introduces a streamlined multi-chain execution layer for developers to easily deploy and manage their WASM-backed apps in a dynamic rollup environment.”
Binance Labs also noted that it was looking to employ its venture funds into the wider ecosystem with a focus on projects that enable scalability, while looking into application layers that could onboard more users to Web3. The spokesperson added that its investment focus was on innovative technology and critical infrastructure that is power new sectors. This includes modular blockchain, liquid staking decentralized finance protocols and ZK-proof solutions.
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