BITPRISMIA
Investment firm 1kx has raised $75 million in its latest funding round, which included participation from investors such as a16z and Galaxy Digital.
The funding will be used for the company’s ambitions in zero-knowledge machine learning, combining aspects of zero-knowledge cryptography with artificial intelligence or AI.
The Swiss advisor makes direct investments in crypto projects and also backs early-stage crypto investment firms.
Michael Egorov, the CEO of decentralized finance (DeFi) firm Curve Finance, is being sued for fraud by venture capital firms ParaFi Capital, Framework Ventures and 1kx in the U.S.
The raise was led by investment firm 1kx and included contributions from Maven11, Lattice Fund, CMT Digital, Daedalus Angels.