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ZKcandy revealed today that it has concluded a $4 million private investment round shortly after launching the open-testnet phase for its gaming-oriented Layer 2 chain. In this phase, more than 2.4 million wallets were established within two weeks, demonstrating the concept’s capability to engage and reach a broad audience. The company intends to utilize the funding to enhance its ecosystem.
The investors in this round comprise Wemix Pte. Ltd., Animoca Ventures, Spartan Group, Perlone Capital, Presto Labs, Flowdesk, Prometheuz, Lecca Ventures, and Efficient Frontier. Other backers include angel investors and early supporters such as Stacks, Analog, Mittaria, Xangle, and Trading Strategies.
ZKcandy, managed by gaming firm iCandy Interactive, is a gaming network dedicated to facilitating the introduction of more games into the market. Currently, the company has over 25 titles in development, including one inspired by a well-known licensed IP. It aims to utilize its funding to “develop the first Telegram-based EVM gaming ecosystem,” broaden its partner network, and prepare for a mainnet launch in 2025.
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