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ZenChain has just officially announced a successful funding round—raising $8.5 million, led jointly by Watermelon Capital, DWF Labs, and Genesis Capital. In addition to this main financing, there is also a $1.5 million angel investment commitment planned to follow up before the TGE.
In terms of funding purpose, ZenChain aims to build a secure cross-chain interoperability layer, with the goal of connecting Bitcoin native capital and