BlockBeats news: On January 6, according to official announcements, ZenChain has successfully completed an $8.5 million funding round, led by Watermelon Capital, DWF Labs, and Genesis Capital.
Meanwhile, before the TGE, ZenChain also secured a $1.5 million angel investment commitment. The newly raised funds will be used for: accelerating core protocol development, expanding validator and ecosystem participation, supporting marketing and ecosystem-building initiatives, and preparing for the upcoming TGE and subsequent mainnet milestones.
ZenChain aims to provide infrastructure for cross-chain interactions, enabling Bitcoin and EVM-based assets to operate within a unified and secure framework. The network focuses on capital efficiency, validator consensus security, and long-term sustainability, rather than short-term speculation.

