Manta Network creator P0x Labs achieves $500M valuation after Series A investment

  • P0x Labs, the team behind Manta Network, hit a $500 million valuation following a $25 million Series A funding round led by Polychain Capital and Qiming Venture Partners.
  • Manta Network leverages zero-knowledge proof (ZKP) technology to ensure user privacy in DeFi transactions and has seen growth in user adoption.
  • Investment will aid in scaling the testnet of Manta Pacific, Manta’s Layer 2 for ZK applications, and expansion in key Asian markets.
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