Manta Network (issuing project) Protocol · first-class entity story

Manta Network is a zero-knowledge (ZK) blockchain ecosystem built by p0x labs, spanning Manta Pacific, a modular EVM-compatible Layer 2 for ZK applications that uses Celestia for data availability, and Manta Atlantic, a Layer 1 focused on on-chain ZK identity and privacy. Its native token MANTA launched in January 2024 via Binance Launchpool. Role: ZK-focused Layer-2/Layer-1 blockchain ecosystem powered by the MANTA token.. Founding context: Developed by p0x labs, co-founded by Kenny Li and Victor Ji. In July 2023 p0x labs raised a $25 million Series A co-led by Polychain Capital and Qiming Venture Partners at a roughly $500 million valuation, with earlier backing from investors including Binance Labs and CoinFund.. Ecosystem function: Provides infrastructure for deploying zero-knowledge applications: Manta Pacific offers an EVM-native modular L2 environment for ZK apps, while Manta Atlantic handles on-chain privacy and ZK identity, positioning Manta as a hub for ZK use cases in the multichain ecosystem.. Key dated events: 2023-07-19 — p0x labs, developer of Manta Network, announced a $25 million Series A round co-led by Polychain Capital and Qiming Venture Partners, alongside the launch of the Manta Pacific Layer 2 testnet for ZK applications.; 2024-01-18 — MANTA was listed on Binance with BTC, USDT, BNB, FDUSD and TRY trading pairs after running as Binance Launchpool project number 44, with an initial circulating supply of 251 million tokens out of a 1 billion max supply..