TechFlow News, August 20 — Official announcement: zkMe, a zero-knowledge proof identity verification solution provider, has completed a $4 million seed round led by Multicoin Capital, with participation from OKX Ventures and Robot Ventures. The funds will be used to optimize zkMe's zero-knowledge identity protocol, which has been live for 13 months, and to develop infrastructure for a zero-knowledge identity layer, building a more comprehensive zkMe privacy identity network expected to officially launch in Q4 2024.
zkMe focuses on delivering decentralized compliance services that meet FATF standards through cryptography, providing Web3 industries with comprehensive credential verification solutions ahead of the upcoming EU MiCA regulations. At the same time, zkMe empowers users with full control over their identity credentials, enabling maximum privacy protection and value creation through verification participation.
