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EthLabs: Advancing an asynchronous interoperability solution based on zk technology, funding close to completion.

2026-07-06 02:17:13

Abstract generation in progress

Jinse Finance reports that on July 6, Ethereum ecosystem research organization EthLabs released an update stating that it is continuing to advance an asynchronous interoperability solution based on zk technology to improve cross-chain bridge security, and believes that L1 to L2 latency could be further improved through the Fast Confirmation Rule (FCR). The team said it has received over 300 job applications and plans to expand to about 10 people in the near term, increasing to about 20 in the medium term. Additionally, EthLabs indicated that this round of financing is nearly complete, and after receiving initial support from BitMine, SharpLink, and Ethereum co-founder Joseph Lubin, it is now seeking the final one or two anchor investors to join.

ZK-1.92%

ETH0.17%

L1-3.65%

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