Smart contract platform Axiom raises $20M in Series A round

Axiom secures $20M in Series A funding led by Paradigm and Standard Crypto, with backing from Robot Ventures and Ethereal Ventures. The firm aims to bolster developer hires and hasten product development. Axiom introduces a novel approach to accessing authenticated on-chain data via zero-knowledge cryptography, addressing scalability and cost challenges in on-chain applications. The protocol’s mainnet launch in 2023 facilitates historical Ethereum data access and off-chain computations with zero-knowledge proofs, promising expanded on-chain data capabilities.

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