Subzero Labs Raises $20M to Launch Rialo Blockchain Platform Bridging Web2 and Web3

Subzero Labs has secured $20 million in seed funding led by Pantera Capital, with participation from Coinbase Ventures, Hashed, Susquehanna Crypto, and other prominent crypto and tech investors [1]. The company, founded by Ade Adepoju and Lu Zhang, is now launching its blockchain platform, Rialo, designed to bridge the gap between Web2 and Web3 by combining ease of use with real-world applicability [1].

Rialo is not a traditional Layer 1 blockchain but rather a reimagined decentralized network that emphasizes developer accessibility and real-world integration [1]. The platform introduces native web connectivity, allowing decentralized applications (dApps) to interact directly with websites and online services without requiring custom code or intermediaries [1]. This feature streamlines the development process and enhances the functionality of dApps.

Another key innovation is event-driven transactions, which enable developers to automate processes in response to real-world events. For instance, a transaction can be triggered automatically upon the delivery of a package, eliminating the need for manual or third-party verification [1]. Privacy is also a core component of Rialo, with the platform implementing measures to secure user data in dApps—addressing a common concern in blockchain adoption [1].

Unlike most blockchains that rely on oracles to access off-chain data, Rialo allows direct access to real-world information such as credit scores or weather reports [1]. This makes dApps more practical for real-world scenarios and opens new possibilities for industries like finance, healthcare, and logistics [1].

To further improve developer experience, Rialo supports RISC-V architecture and Solana VM compatibility, enabling existing code to run without major modifications [1]. This compatibility reduces the learning curve and accelerates development, appealing to developers with Web2 backgrounds [1].

Subzero Labs aims to address the limitations of current blockchain infrastructure by offering a more scalable and user-friendly environment [1]. The company's focus on real-world applications, combined with a team of experts from Meta, Netflix, AMD, and Solana, positions Rialo as a platform with strong potential for mainstream adoption [1].

With the funding secured, Subzero Labs is now moving forward with further development, testing, and preparation for a wider launch [1]. The private development network is already live, and early partners are testing the platform [1]. Developers interested in participating can join a waitlist ahead of the public release [1].

The co-founders emphasize that infrastructure should be intuitive, fast, and scalable, and Rialo is designed to meet those goals [1]. By integrating Web2 principles into blockchain, the platform aims to redefine what is possible in decentralized application development [1].

Sources:

[1] Subzero Labs Emerges with $20M Raise to Build the First Real-World Network, dlnews.com, https://www.dlnews.com/external/subzero-labs-emerges-with-20m-raise-to-build-the-first-real-world-network/