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Chainway Labs (Citrea)

cBTC

Chainway Labs is a blockchain infrastructure company focused on Bitcoin, Ethereum, and Zero Knowledge technology. Chainway Labs built Citrea, Bitcoin's First ZK Rollup. Citrea is the first rollup that leverages zero-knowledge technology to enhance Bitcoin blockspace, enabling the development of various applications on the Bitcoin network without modifying its consensus rules. As a Type 2 zkEVM, Citrea processes zkEVM transaction batches, providing a succinct zero-knowledge proof for easy verification on Bitcoin, supporting light nodes and featuring a universal trust-minimized two-way peg mechanism.

RAISED

Raised Feb 2024
2700000
Seed
Details
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