Layer 1 Blockchain ZetaChain Raised $27 million

Layer 1 Blockchain ZetaChain Raised $27 million
Source: Zetachain

Layer 1 blockchain operator ZetaChain raised $27 million in a round featuring several crypto and trading heavyweights.

Investors in the round include Blockchain.com, Human Capital, VY Capital, Sky9 Capital, Jane Street Capital, VistaLabs, CMT Digital, Foundation Capital, Lingfeng Capital, GSR, Kudasai and Krust, according to an announcement today. This is the first raise for the business. No valuation was disclosed.

Founded in 2021, ZetaChain, which will soon stage its mainnet launch, aims to unite multiple blockchains — including Ethereum, Polygon, BSC and even non-smart contract chains like Bitcoin and Dogecoin — on a single platform.

Related: The Future of OmniChain: ZetaChain, A Novel Layer-1 Blockchain Enables Fully Interoperable Smart Contracts

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