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§ Private Profile · Jersey City, NJ, USA
Decentralized compute network offering a marketplace for ZK proofs, AI inference, crypto mining, and high-performance computing.
Cysic is a decentralized compute network developer that transforms hardware infrastructure, such as GPUs and ASICs, into programmable and verifiable resources for zero-knowledge proofs, artificial intelligence inference, and high-performance computing workloads. The organization operates a Layer-1 blockchain built on the Cosmos SDK that coordinates proof generation and resource monetization through its tokenized marketplace, utilizing custom hardware like the proprietary C1 chip for maximum efficiency. The platform has recorded substantial network activity, accumulating over 1.36 million testnet users, 13 million transactions, and more than 264,400 active provers and verifiers. Following its mainnet deployment, the network reached a fully diluted valuation of $229 million and a circulating market capitalization of $36.8 million while serving prominent blockchain customers including Scroll, zkSync, and Succinct Labs. Cysic was founded in August 2022 by Xiong Fan and Bowen Huang.
Cysic has raised $24.0M across 2 funding rounds.
Cysic has raised $24.0M in total across 2 funding rounds.
Cysic has raised $24.0M in total across 2 funding rounds.
Cysic's investors include Rui Zhang, OKX Ventures, George Lambeth, Ken Li, HashKey Capital, Binance Labs, Blockchain Capital, Divergence Ventures, Dragonfly Capital Partners.
Cysic has raised $24.0M across 2 funding rounds. Most recently, it raised $12.0M Series A in May 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 24, 2024 | $12M Series A | RUI Zhang, OKX Ventures | George Lambeth, KEN LI | Announced |
| May 1, 2024 | $12M Seed | HashKey Capital, OKX Ventures | Binance Labs, Blockchain Capital, Divergence Ventures, Dragonfly Capital, George Lambeth, KEN LI | Announced |
Cysic is a technology company building full-stack infrastructure for trustless, scalable, and monetizable computation, specializing in zero-knowledge (ZK) proof generation and verification through a decentralized prover and verifier network.[3][1][5] It creates a "ComputeFi" marketplace that transforms hardware like GPUs, ASICs, and servers into liquid, verifiable resources for ZK proofs, AI inference, and other workloads, serving developers, ZK-rollup sequencers, startups, and eventually individual users by addressing computational bottlenecks in blockchain and AI scalability.[2][4][5] Cysic's network enables compute contributors to earn rewards (via CYS and CGT tokens) while clients access on-demand power with verifiable results, demonstrated by its mainnet launch in 2025 and services to major blockchain players.[2][4]
Cysic was founded in 2022 in Jersey City, New Jersey, with research starting that year to solve computational bottlenecks for ZK and AI technologies, evolving into a full-stack network with mainnet launch in 2025.[1][2][3] The team, driven by a vision to make computation publicly accessible like DeFi unlocked capital, developed custom hardware and protocols from the ground up, achieving early traction through proven utility in ZK services for blockchain projects.[2][5] Pivotal moments include designing ZK-ASICs like the C1 chip, GPU acceleration tools, and upcoming ZK Air and ZK Pro hardware products to support diverse ZK applications.[3][5]
Cysic rides the ZK revolution and verifiable AI trends, hyperscaling ZK-rollups, coprocessors, and AI models amid blockchain scalability demands and AI compute shortages.[3][5][2] Its timing aligns with 2025 mainnet maturity, capitalizing on hardware supply shocks and the need for efficient, decentralized alternatives to centralized clouds, positioning compute as Web3's "missing pillar" alongside DeFi, storage, and bandwidth.[2][4][6] Market forces like rising ZK adoption and GPU scarcity favor its ASIC/GPU co-design, while it influences the ecosystem by standardizing verifiable compute, enabling smaller teams, and financializing resources on-chain for broader Web3 innovation.[4][5]
Cysic's trajectory points to dominance in ComputeFi, with expansions in ZK hardware releases (ZK Air/Pro), AI inference scaling, and governance via CGT to onboard more heterogeneous devices and users.[3][4][6] Trends like ZK ubiquity in scaling Ethereum L2s and verifiable AI will propel growth, potentially evolving its influence from ZK infrastructure to a universal decentralized compute layer amid token liquidity and partnerships. This full-stack pioneer, born from 2022's ZK bottlenecks, is primed to unlock computation's liquidity much like DeFi did for capital.[2][5]