SINGAPORE — OKX Ventures, the investment arm of leading crypto exchange and Web3 technology company OKX, has announced its investment in Cysic, a zero-knowledge (ZK) hardware acceleration company. This partnership aims to revolutionize ZK proof generation by making it faster, more cost-efficient, and decentralized.
Accelerating the Future of Zero-Knowledge Proofs
Founded in 2022, Cysic specializes in ZK hardware acceleration, addressing a critical bottleneck in blockchain scalability. Traditional CPU-based ZK proof generation is slow and resource-intensive, limiting broader adoption. Cysic’s innovative approach combines ASIC design and GPU engineering to deliver real-time proof generation, enabling seamless integration for ZK-powered applications.
Key Innovations by Cysic
- ZK Air: A portable, power bank-sized device that connects via Type-C to laptops or smartphones, accelerating proof generation on-the-go.
- ZK Pro: A high-performance rig optimized for maximum proof generation speed, akin to mining hardware but tailored for ZK computations.
These solutions leverage zkVM-based ASIC designs, ensuring flexibility and efficiency for developers building privacy-focused dApps.
👉 Discover how ZK tech is transforming blockchain
Funding and Global Expansion
The investment will fuel Cysic’s global expansion, talent acquisition, and hardware production. By providing ZK compute-as-a-service, Cysic empowers projects across DeFi, identity verification, and scalable Layer 2 solutions.
Why This Matters for Web3
- Scalability: Faster proofs enable high-throughput blockchain networks.
- Cost Efficiency: Reduced computational expenses make ZK tech accessible.
- Decentralization: Hardware diversification strengthens network resilience.
FAQs
What is zero-knowledge proof (ZKP) technology?
ZKPs allow one party to prove knowledge of information without revealing the data itself, enhancing privacy and scalability in blockchains.
How does Cysic improve ZK proof generation?
By designing specialized ASICs and GPU-optimized systems, Cysic reduces proof generation time from hours to seconds.
Which industries benefit from ZK hardware acceleration?
- DeFi: Secure and private transactions.
- Gaming: Verifiable in-game assets.
- Healthcare: Confidential data sharing.
👉 Explore OKX Ventures’ portfolio of cutting-edge projects
About OKX Ventures
Backed by a $100M fund, OKX Ventures invests in groundbreaking blockchain projects worldwide. Its mission is to foster innovation, support developers, and drive long-term value in Web3.
For media inquiries, contact: M[email protected]
Disclaimer: This content is for informational purposes only and does not constitute financial advice.
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