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Meme Platform Giggles Secures $1.2M Pre-Seed Round Led by 1kx Capital

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Giggles, a short-video and meme trading platform, has raised $1.2 million in a Pre-Seed round led by 1kx Capital. Virtuals Protocol, Social Graph Ventures, Noar Ventures, and Night Capital also participated. The app, developed by 19-year-old Canadian Justin Jin, enables users to trade viral content like prediction markets. High trading volume has already emerged during its invite-only test phase. The platform’s model reflects the shifting fear and greed index toward content-driven crypto assets.

According to Huoxing Finance, market sources report that the short-form video + meme trading platform Giggles completed a $1.2 million Pre-Seed funding round in 2025, with investors including 1kx Capital, Virtuals Protocol, Social Graph Ventures, Noar Ventures, and Night Capital. Angel investors hail from institutions such as OpenAI and Bain Capital. Reported to be developed by 19-year-old Canadian founder Justin Jin, Giggles is a TikTok-style short-form video social app with a core mechanism of “everything is tradable,” enabling users to price discover and trade trending videos and memes. The project combines social video browsing with prediction markets: users who buy content early can profit if it goes viral. Currently in invite-only testing, Giggles has amassed a large waitlist, reflecting the convergence of the content economy and crypto trends.

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