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ZK identity verification solution zkMe completes $4 million seed round investment, led by Multicoin Capital

ZkMe, a zero-knowledge proof of identity solution provider, announced the completion of a $4 million seed round led by Multicoin Capital, with participation from OKX Ventures and Robot Ventures. The funding will be used to optimize zkMe's 13-month-old zero-knowledge identity protocol and develop zero-knowledge identity layer infrastructure to build a more complete zkMe privacy identity layer network, which is expected to be officially launched in Q4 2024. ZkMe is committed to providing FATF-compliant decentralized compliance services through cryptography, and provides comprehensive credential verification solutions for the Web3 industry in response to the upcoming European Union MiCA regulations. At the same time, zkMe also gives users autonomy over identity credentials and other rights. Users can maximize privacy protection and value creation by participating in verification.