Aligned Layer, a blockchain project focused on verification of proofs generated by Layer 2 dapps, has raised $20 million in a Series A funding round. The round was led by Hack VC and saw participation from DAO5, Iterative Layer, Nomad Capital, and Finality Capital, among others. The firm didn’t disclose its latest valuation.

Aligned Layer is designed to serve as a verification layer for validity and zero-knowledge proofs — thereby supporting the scaling of decentralized applications on Ethereum and, potentially, other blockchain networks.

It will be one of several actively validated services on restaking protocol EigenLayer. As an ASV, Aligned Layer will derive its security from EigenLayer’s restaking mechanism.

The project aims to simplify and reduce the costs associated with proof …