ZenChain raises $8.5 million in funding, led by DWF Labs and others.
TL;DR
ZenChain raised $8.5 million in funding led by DWF Labs and others, with the funds to accelerate protocol development, expand ecosystem participation, and support marketing. The network aims to provide secure cross-chain infrastructure for Bitcoin and EVM assets.
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[ZenChain Raises $8.5 Million in Funding, Led by DWF Labs and Others] According to official sources, ZenChain has successfully raised $8.5 million in funding, led by Watermelon Capital, DWF Labs, and Genesis Capital. Prior to TGE, ZenChain also secured $1.5 million in angel investment commitments. The newly raised funds will be used to: accelerate core protocol development, expand validator and ecosystem participation, support marketing and ecosystem building initiatives, and prepare for the upcoming TGE and subsequent mainnet milestones. ZenChain aims to provide infrastructure for cross-chain interaction, enabling Bitcoin and EVM-based assets to operate within a unified and secure framework. The network focuses on capital efficiency, validator consistency security, and long-term sustainability, rather than short-term speculation.