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Hong Kong based Ethereum Layer-2 blockchain developer raised $15m in Series A funding led by Lightspeed Faction, Hashed, Generative Ventures and Token Bay Capital.
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"Type 1 ZK-EVMs are what we ultimately need to make the Ethereum Layer 1 itself more scalable."
https://www.theblock.co/post/280268/ethereum-layer-2-taiko-funding-mainnet
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