The seed round was led by Jump Crypto
Singapore, Singapore , Aug. 15, 2023 (GLOBE NEWSWIRE) --
Web3 virtual world and creator platform ZTX has successfully closed its $13M seed round led by Jump Crypto. Notable investors also included Collab+Currency, Parataxis, MZ Web3 Fund, Everest Ventures Group and others.
The investors' confidence in ZTX reflects the market's recognition of the project’s significant potential within the Web3 space and the unique advantages the team has, owing not least to the more than 400 million lifetime users that its legacy Web2 business ZEPETO has attracted. By active user metrics, ZEPETO is the fourth largest metaverse platform in the world behind only Roblox, Fortnite, and Minecraft, while it also boasts hundreds of active strategic partnerships ranging from Gucci and Starbucks to the K-Pop girl group BLACKPINK. The ZTX team will build on such existing resources to contribute to a wider adoption of Web3 by global audiences. With senior veterans from Apple, Roblox, Epic, EA, and other Web2 giants joining forces with seasoned builders from Cosmos, Flow, Solana, and other notable Web3 ecosystems, ambitions are high at ZTX to advance the Web3 infrastructure for creators in 3D, immersive environments.
“We’re excited to share news about our fundraising round,” said Chris Jang, the Co-CEO of ZTX. “We have been building steadily and discreetly for well over a year, and with our token launch happening in the coming months we want to emphasize the...
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