Paradigm bets $55 million! PROVE reconstructs the ZK infrastructure landscape
The Series A financing led by top venture capital firm Paradigm marks PROVE's official entry into the first tier of the ZK track. The funds will focus on optimizing SP1 zkVM performance and scenarios such as cross-chain bridges and AI verification, aiming to capture 20% of the global ZK proof market share (expected to reach $18 billion by 2030).
Technical moat: The vApp architecture pioneered by Succinct separates off-chain auctions from on-chain settlements, maintaining a Web2-level real-time interaction experience while periodically verifying network status through zero-knowledge proofs, acclaimed in the industry as "a paradigm revolution in ZK infrastructure". Its compliance cooperation with Google Cloud also lays the groundwork for addressing SEC scrutiny and MiCA legislation requirements.
