The investors in this round include Blockchain.com, Human Capital, VY Capital, Sky9 Capital, Jane Street Capital, VistaLabs, CMT Digital, Foundation Capital, Lingfeng Capital, GSR, Kudasai, and Krust.
Founded in 2021, ZetaChain is set to launch its mainnet soon, aiming to integrate multiple blockchains — including Ethereum, Polygon, BSC, and even non-smart contract chains like Bitcoin and Dogecoin — onto a single platform.
A new standard for interoperability
In today’s announcement, the company stated that they aim to establish “a new standard for blockchain interoperability,” providing users with a means to manage all their assets and data more easily. Ankur Nandwani, a core contributor of ZetaChain, mentioned, “ZetaChain’s goal is to simplify asset and data management across multiple blockchains, which remains a complex and fragmented process hindering millions of new users from joining the web3 ecosystem. Our cross-chain EVM-compatible smart contracts alleviate these issues by enabling developers to build faster, safer, and more user-friendly decentralized applications.”
The project currently has over 27,000 cross-chain compatible decentralized applications deployed on its network, encompassing various DeFi, NFT, social, identity, and gaming protocols. According to today’s announcement, more than 1.7 million users have participated in ZetaChain’s testnet.