Lagrage's project has been quite troubled, originally working on a semi-ZK bridge (technically speaking, it is not a bridge that relies entirely on ZK to ensure trust). Later, it was discovered that this business was overshadowed by Polyhedra, and after several major players in the bridge track issued tokens, the market value wasn't very appealing, so they shifted to become an ecosystem project for Eigenlayer. Indeed, they were among the first to launch on the mainnet AVS, and the volume of Restaking was also considerable, but they were outpaced by Omni, which launched their tokens first and gained an advantage, subsequently leading to the collapse of the Eigen track.

Then when AI became popular, they pivoted to create an AI ZK verification layer. Since the end of last year, they have been in discussions with exchanges but were unable to clarify things, during which they also heard about high-priced channels from Bybit but missed the opportunity at the beginning of the year, leading to a delay until now to launch.

Additionally, when discussing this VC round project, I noticed the team consisted of a Yale professor along with a father-son duo starting the business, with the father as COO and the son as CEO, which is relatively rare in the industry.