🚀 ZenChain Secures $8.5 Million in Funding to Enhance Cross-Chain Infrastructure
#ZenChain #funding #crosschain #infrastructure #blockchain #capitalraise #WatermelonCapital #DWFLabs #GenesisCapital #TokenGenerationEvent #TGE #mainnet #ecosystem #validator #security #sustainability #ZEN
According to Foresight News, ZenChain has successfully raised $8.5 million in a funding round led by Watermelon Capital, DWF Labs, and Genesis Capital. Additionally, ZenChain has secured a $1.5 million angel investment commitment prior to its Token Generation Event (TGE). The newly acquired funds will be allocated to accelerate the development of core protocols, 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 interactions, 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.#ZenChain #funding #crosschain #infrastructure #blockchain #capitalraise #WatermelonCapital #DWFLabs #GenesisCapital #TokenGenerationEvent #TGE #mainnet #ecosystem #validator #security #sustainability #ZEN