Wilson Sonsini - ECP

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Wilson Sonsini Advises Lagrange Labs on $4 Million Funding

  • 05/18/23
  • Client Highlights
  • Blockchain and Cryptocurrency
  • Fintech
  • Financial Services

On May 18, 2023, zero-knowledge (ZK) start-up Lagrange Labs announced it raised $4 million in funding to develop its ZK system enabling secure interoperability across different blockchain networks. The raise was led by investment firm 1kx and included contributions from Maven11, Lattice Fund and CMT Digital. Lagrange's work could entice more users to decentralized finance (DeFi) by allowing developers to build decentralized apps (dApps) that can operate across different blockchain simultaneously in a secure manner.

Wilson Sonsini represented Lagrange Labs in the transaction. The Wilson Sonsini team was led by attorneys in the firm’s fintech and financial services and blockchain and cryptocurrency practices, including Jonathan Chan, Travis Scheft, M. Faye Shin, and Michael Anthony.

For more information, please see CoinDesk's coverage of the transaction.