Kroma

We are pleased to announce that Kroma has successfully completed its Series A funding round, with participation from a diverse group of esteemed investors, including Asia Advisors Korea, Gate Ventures, ICC Venture, Planetarium, Presto, RFD Capital, Taisu Ventures, The Spartan Group, Waterdrip Capital, and others.As Asia’s leading Layer 2 solution, Kroma is committed to making Web3 accessible through intuitive, gamified real-life decentralized applications (dApps). Built on the OP Stack, we are proud to be the first Ethereum Layer 2 solution to implement zk fault proofs, creating a permissionless network for validators. Our modular zero-knowledge (zk) proving library, Tachyon, enhances transaction speed and reduces gas fees, making zk proof generation more cost-efficient and faster.We are also pioneering Native Account Abstraction (AA) within the Superchain ecosystem to deliver a seamless Web3 gaming experience. With over 81 partners, including SK Planet, Xangle, and Hexlant, Kroma is expanding its impact across gaming, DeFi, NFTs, and beyond, contributing essential technology to the community.Recently, we have undergone a significant shift in our shareholding structure, transitioning from a subsidiary of Wemade to hosting a broader base of shareholders and partners centered around our founders and management. This change positions us to drive our global business forward with enhanced support from a diverse range of stakeholders.We will continue to collaborate with Wemade on various initiatives to ensure the continued growth of the Gamified Web3 ecosystem. To further this goal, we have secured key investors such as ICC Venture, ISKRA, Overtake, Planetarium, Wellxy, and XStar, and look forward to ongoing collaboration with these partners.The capital raised will be directed towards advancing our infrastructure, with a focus on expanding functionalities and enhancing platform development. Our applications are designed to appeal to a broad audience while maintaining high standards of security and operational efficiency.Taekyu Park, our CEO, stated, “This investment reflects strong confidence in Kroma’s technology and strategic vision. We look forward to leveraging this funding to enhance our Layer 2 solutions, ensuring we continue to deliver efficient and secure blockchain services.”Our strategic direction and technological innovations have garnered significant attention from the investment community, and the funds will play a crucial role in scaling our operations and integrating new features, further solidifying Kroma’s position in the evolving blockchain landscape.<h3 id="about-kroma">About Kroma</h3>As Asia’s leading Layer 2 solution built on the Superchain, Kroma is the first OP Stack rollup with an active fault proof system utilizing zkEVM.Kroma will transition to a universal ZK Rollup once the generation of ZK proofs becomes more cost-efficient and faster — using its original modular ZK backend library, <a href="https://github.com/kroma-network/tachyon" rel="noopener noreferrer nofollow">Tachyon</a>.Kroma plans to push for gamified web3 experience backed by its strengths in gaming, consumer applications, Asia market, and technical capabilities for true universal web3 adoption.<h2 id="header-0">Follow us:</h2><a href="https://kroma.network/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/kroma_network" rel="noopener noreferrer nofollow">Twitter</a> | <a href="https://discord.gg/kroma-network" rel="noopener noreferrer nofollow">Discord</a> | <a href="https://warpcast.com/kroma-network" rel="noopener noreferrer nofollow">Warpcast</a> | <a href="https://github.com/kroma-network" rel="noopener noreferrer nofollow">Github</a> | <a href="https://docs.kroma.network/" rel="noopener noreferrer nofollow">Docs</a> | <a href="https://kroma.network/ecosystem/all" rel="noopener noreferrer nofollow">Ecosystem</a> | <a href="https://github.com/kroma-network/kroma-brand-kit" rel="noopener noreferrer nofollow">Brand Kit</a> | <a href="https://lightscale.notion.site/Kroma-Foundation-Grant-1a4a7942b9af4847970d1502772df8ba" rel="noopener noreferrer nofollow">Grant</a>

Kroma Secures Series A Funding from Prominent Investors

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Kroma Network

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