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November 29, 2024

Ethereum Foundation Invests Millions in zkVM Projects

The Ethereum Foundation made headlines recently with its announcement of a significant investment into zero-knowledge virtual machines (zkVMs). This investment, totaling tens of millions, signals a strong commitment to advancing Ethereum’s technological capabilities. Justin Drake, a prominent researcher at the foundation, revealed this strategy, which has generated considerable interest across the industry. As Ethereum continues to evolve, these investments may position it as a leader in privacy and scalability solutions. The attention on zkVMs may reshape the market landscape in the near future.

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