Back

Bitcoin Payment Startup ZBD Raises $40 Million Led by Blockstream Capital

New Jersey-based ZBD secured $40 million in Series C funding, with Blockstream Capital contributing $36 million to support the expansion of its gaming-focused Bitcoin payment solutions.

BTC

Summary

ZBD, a Bitcoin payment startup based in New Jersey, raised $40 million in a Series C funding round. The round was led by Blockstream Capital, which contributed $36 million. ZBD specializes in developing payment technologies for video games and intends to expand its product offerings over the coming year.

Terms & Concepts
  • Series C funding: A later-stage investment round typically aimed at scaling a company’s operations or expanding its market reach.
  • Bitcoin payment solutions: Financial technologies enabling transactions that use Bitcoin for payments or rewards.
  • Blockstream Capital: An investment arm associated with Blockstream, a company focused on Bitcoin and blockchain infrastructure projects.