Berlin based developer of Ethereum rollup scaling solutions raised $50m in Series B funding led by a16z.
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Matter Labs raises $50m in Series B funding
“It has tended to be the case historically that zk-based scaling solutions forced developers to learn a new programming language,” a16z Crypto general partner Ali Yahya tells TechCrunch. “[Matter Labs] has succeeded in building a compiler for Solidity that takes down normal smart contracts that run on Ethereum to a zero-knowledge proof so that they can be used with [zkSync].”
