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Aztec

Last updated: Mar 13, 2023

Aztec Network is a private ZK-rollup on Ethereum, enabling decentralized applications to access privacy and scale. Aztec’s rollup is secured by its industry-standard PLONK proving mechanism used by the leading zero-knowledge scaling projects.

Series B Round: $100 Million

Series A Round: $17 Million

Seed Funding: $2.1 Million

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Overview

Project industry	Blockchain Infrastructure
Product type	Technology
Founded	United States
Whitepaper	Open

What is Aztec

At Aztec we believe decentralization is premised on individual rights. Without widely accessible privacy, we compromise our ability to choose how we live our lives and earn our livelihoods.

That’s why we’re building Aztec Network to deliver privacy without compromise:

Private. Aztec is the only zero-knowledge rollup built with a privacy-first architecture from the ground up, allowing users to access their favorite apps on Layer 1 completely privately.
Accessible. Proving Aztec transaction validity through zero-knowledge proofs on Ethereum reduces transaction costs by up to 100x.
Compliant. Our programmably private system supports opt-in auditability and compliance while fully preserving confidentiality.

Our first product is zk.money, a private transfer protocol built on Aztec. Since launch, zk.money has had over 75,000 registered users, 225,000+ transactions, and over $80 million in total transactions, all while being 96% cheaper than existing private transfer protocols.

Aztec Connect is the first private bridge for Ethereum’s decentralized finance ecosystem. It allows users to confidentially access world-class DeFi services on Ethereum with up to 100x cost savings, all while strengthening Aztec’s existing privacy guarantees.