zkTube Labs is a Melbourne, Australia–based network protocol built on Ethereum Layer 2 ZK-Rollup technology designed to address Ethereum congestion, processing delays, and high gas fees while maintaining Layer 1 security. Its core products and components include the Mainnet (launched September 10), the PayTube wallet (beta completed), and an optimized PLONK-based proving algorithm. The team has completed testnet iterations and the PayTube beta and achieved optimizations to its ZK proving stack. The company is using raised capital to support Mainnet operations, Mainnet mining, PayTube Wallet development, and broader Layer 2 ecosystem construction. It plans to strengthen global brand promotion, community building, and expand its team across several geographies. zkTube also aims to list its ZKT token on multiple exchanges as part of its next milestones.

Total raised

$15M

Funding rounds

1

Latest round

Equity

Latest activity

Sep 2021