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

According to official sources, zkMe, a provider of identity verification solutions, announced the completion of a $4 million seed round of financing, led by Multicoin Capital with participation from OKX Ventures and Robot Ventures. This funding will be used to optimize the zkMe zero-knowledge identity protocol that has been online for 13 months and to 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. It is reported that zkMe is committed to providing decentralized compliance services that meet FATF standards through cryptography, and to providing comprehensive credential verification solutions for the Web3 industry in response to the upcoming EU MiCA regulations. At the same time, zkMe also empowers users to control their identity credentials and other rights, and by participating in verification, users can achieve maximum privacy protection and value creation.