Orochi Network secures another $8 million in funding, with participation from the Ethereum Foundation

PANews reported on October 17th that Orochi Network has secured an additional $8 million in funding, bringing its total raised to $20 million, according to its official blog. This round included participation from MEXC Ventures, Plutus VC, Bolts Capital, Ant Labs, and other investors, with funding from the Ethereum Foundation. The funds will be used to build a verifiable data infrastructure for tokenizing real-world assets (RWAs) to meet regulatory requirements, including the EU's Digital Operations Resilience Directive (DORA).

Meanwhile, Orochi officially launched its zkDatabase mainnet, processing over 700 million zero-knowledge proof requests and forming a zkDatabase Alliance with over 120 companies and projects, including Plume, Lumia, and Nexus. This infrastructure provides institutions with audit-level data verification capabilities, facilitating the integration of RWA, AI, and Web3. Founder Chiro Hiro stated that Orochi is becoming a core pillar of Southeast Asia's compliant and verifiable data system.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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