Wu said that ZenChain announced the completion of a $8.5 million funding round led by Watermelon Capital, DWF Labs, and Genesis Capital, with an additional $1.5 million in angel investments committed prior to its upcoming TGE. This funding will be used to support ZenChain in building a secure cross-chain interoperability layer that connects Bitcoin native assets with the Ethereum-compatible (EVM) ecosystem, enabling cross-chain value transfer, decentralized applications, and long-term ecosystem growth.
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Wu said that ZenChain announced the completion of a $8.5 million funding round led by Watermelon Capital, DWF Labs, and Genesis Capital, with an additional $1.5 million in angel investments committed prior to its upcoming TGE. This funding will be used to support ZenChain in building a secure cross-chain interoperability layer that connects Bitcoin native assets with the Ethereum-compatible (EVM) ecosystem, enabling cross-chain value transfer, decentralized applications, and long-term ecosystem growth.