Swiss blockchain company INTMAX has completed its strategic funding round for its Ethereum Layer2 project, INTMAX zkRollup, and the INTMAX Wallet [b81ad44f]. The funding round saw participation from investment giants LD capital, KX, GMO AI&Web3, and Kepple Africa Ventures [b81ad44f]. The INTMAX Wallet integrates biometric authentication and allows users to manage their cryptocurrency through any device or browser [b81ad44f]. INTMAX's zkRollup protocol aims to address issues such as high transaction fees, delays, interoperability challenges, privacy concerns, and centralization in cryptocurrency transactions [b81ad44f]. Ryodan Systems AG, the parent company of INTMAX, was recognized for its commitment to user-centric design and technical excellence with a grant from the Ethereum Foundation and selection as one of the top 50 highest-performing blockchain projects in Crypto Valley [b81ad44f].
INTMAX's strategic funding round and the development of its zkRollup protocol and INTMAX Wallet represent a significant advancement in the cryptocurrency industry. By addressing key challenges and providing user-friendly solutions, INTMAX is revolutionizing the way cryptocurrency transactions are conducted. The participation of prominent investment firms further validates the potential and importance of INTMAX's innovations [b81ad44f].