$PROVE Funding Success of @Succinct

@Succinct is scaling Web3 with #SuccinctLabs backed by massive funding

$PROVE powers a decentralized prover network that raised $55M in a Series A round led by Paradigm in 2024, with support from Async Capital, Bankless Ventures, and Geometry Ventures. This capital has fueled Succinct’s mainnet launch in July 2025, making zero-knowledge proofs (ZKPs) accessible for developers building scalable dApps.

The funding has enabled partnerships with Polygon, Celestia, and Mantle, securing $4B in value across 1.3M proofs. Succinct’s SP1 zkVM, used by protocols like Phala for AI verification, showcases its production-ready infrastructure. The $231M market cap and listings on Binance and Bitget reflect investor confidence. With plans to expand prover capacity and support non-EVM chains like Solana, Succinct is poised for growth.

Join @Succinct to stake $PROVE and be part of a well-funded revolution in ZKP technology, driving trustless blockchain innovation

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