Background

Bitcoin Startup ZBD Secures $40 Million in Series C Funding

Article arrow_drop_down
Key Points:
  • Main event, leadership changes, market impact, financial shifts, or expert insights.
  • Blockstream Capital invested $36 million in the funding round.
  • Funding aims to expand ZBDโ€™s payment products over the next year.

ZBD secured $40 million in Series C funding, primarily through Blockstream Capitalโ€™s $36 million investment. This funding will support expansion of ZBDโ€™s payment products incorporating the Bitcoin Lightning Network, aiming to enhance video game transactions and player rewards.

ZBD, a Bitcoin payments startup based in New Jersey, secured a $40 million Series C funding round on January 22, 2026, significantly backed by Blockstream Capital. The funding will help enhance ZBDโ€™s integration with the Bitcoin Lightning Network.

Expanded Financial Backing and Ambitions

ZBDโ€™s Series C funding round marks an ambitious step forward, with Blockstream Capital contributing a significant $36 million. ZBD aims to broaden its payment solutions, leveraging Lightning Network to enhance micropayments and rewards integration.

The involvement of Blockstream Capital underscores the strategic intention to advance Bitcoinโ€™s role in the gaming payment industry. Simon Cowell, Cofounder & CEO of ZBD, emphasized, โ€œWhere weโ€™re moving to is expanding into a more fulsome payment suite.โ€

The funding will propel ZBDโ€™s expansion efforts throughout 2026, focusing on a more comprehensive payment suite.

The market impact is poised to influence Bitcoin transactions significantly, particularly within the gaming sector. ZBDโ€™s approach reinforces Bitcoinโ€™s utility, sidestepping other cryptocurrencies such as Ethereum or stablecoins.

Potential and Financial Implications

Financial implications include introducing innovative payment solutions for games, improving user retention and revenue. The role of Bitcoin in transactional efficiency and reward systems is expected to strengthen through these developments.

Potential outcomes of ZBDโ€™s expansion involve increased use of Bitcoin for in-game transactions. Historical trends favor Bitcoinโ€™s adoption in gaming, indicating promising growth potential. Regulatory influences remain limited without significant policy changes affecting this venture.

About the author

Related

About Coinlineup

CoinLineup is a specialized platform dedicated to empowering investors with the knowledge and tools needed to succeed in both the financial stock market and the crypto market. Our primary focus is to provide comprehensive market insights by delivering real-time and historical data, solid investment strategies, and trading tips. We aim to equip investors with accurate information, allowing them to make well-informed decisions in their financial endeavors.

Copyright 2024 coinlineup.com. Crypto, Stocks, and Forex โ€“ All in One Place.

Login to enjoy full advantages

Please login or subscribe to continue.

โœ–

Go Premium!

Enjoy the full advantage of the premium access.

Login

โœ–

Stop following

Unfollow Cancel

โœ–

Cancel subscription

Are you sure you want to cancel your subscription? You will lose your Premium access and stored playlists.

Go back Confirm cancellation

โœ–