Hylé builds out the Hylé network, which uses zero-knowledge proofs (ZKP) for scalability and privacy. Hylé wants to be the core layer for the modular ZK tech stack. The Hyle network runs its own consensus mechanism and is purpose-built for ZKP verification, offering developers and users options for what suits their systems.

May 14, 2024, Zero-knowledge project Hylé raised $2.6 million in fresh financing led by the venture firm Framework Ventures.Cherry Crypto, Fabric Ventures, First Capital and Heartcore Capital also participated in the round. Hylé’s total initial funding to date is $3.4 million, with an additional $1.5 million in revenue from their NFT project briqNFT.

Hylé

Hylé is the core layer for the modular ZK stack, a secure, decentralised, censorship-resistant settlement layer for all ZK proofs.

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