Sophon Raises $60 Million

Sophon, a layer 2 zkSync hyperchain built using Matter Labs’ modular, open-source framework, ZK Stack, has successfully raised $60 million through the sale of nodes. During the sale, they offered 200,000 nodes for purchase, selling 121,000 of them for a total of 20,800 wETH. Investors included Maven 11, Paper Ventures, Spartan Group, and SevenX Ventures.