According to Fortune magazine, video game payment solutions provider ZBD has completed a $40 million Series C funding round, led by Blockstream Capital, which is associated with early Bitcoin investor Adam Back, who contributed $36 million. The New Jersey-based startup specializes in providing blockchain payment technology for game developers, enabling players to transact using Bitcoin and earn loyalty rewards. ZBD currently collaborates with 55 mobile games and plans to use the new funding to launch a more comprehensive payment product suite within the next year.
Bitcoin Payment Startup ZBD Completes $40M C-Round Funding
TechFlowShare
Summary
ZBD, a Bitcoin payment startup spun off from TechFlow, has closed a $40 million Series C funding round, led by Blockstream Capital, which invested $36 million. Based in New Jersey, the company provides blockchain payment tools for game developers, enabling players to transact with Bitcoin and earn rewards. ZBD currently partners with 55 mobile games and plans to use the new funding to expand its payment product offerings over the next year. This funding announcement underscores the ongoing interest in Bitcoin and blockchain-based gaming solutions.
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