New Funding Round Boosts ZBD's Payment Tech Expansion
Recently, crypto startup ZBD announced the successful completion of a $40 million Series C funding round, with $36 million led by Blockstream Capital. ZBD specializes in payment solutions for the gaming industry, enabling Bitcoin transactions, but currently not involved in NFTs or crypto-based gaming.
Focus on Gaming Payment Infrastructure
ZBD's primary offering allows access to payment software used for processing transactions in Bitcoin and other digital currencies within video games. The company has no immediate plans to expand into NFTs or other crypto gaming applications, reflecting its strategic focus on payment infrastructure development.
Significance of Investment Backers
The lead investor, Blockstream Capital, supported by early Bitcoin developer Adam Back, signals strong confidence in ZBD's growth potential. This funding round is expected to strengthen ZBD's position in the evolving crypto payment space.