zbd

According to Fortune, video game payment solution provider ZBD has completed a $40 million Series C funding round, led by Blockstream Capital, associated with early Bitcoin investor Adam Back, which invested $36 million.The New Jersey-based startup focuses on providing blockchain payment technology for game developers, enabling players to transact using Bitcoin and earn loyalty rewards. ZBD is currently collaborating with 55 mobile games and plans to use the new funds to launch a more comprehensive suite of payment products in the coming year.

According to Fortune magazine, Bitcoin payment startup ZBD announced the completion of a $40 million Series C funding round, led by Blockstream Capital with an investment of $36 million. Other investors and the company's valuation have not been disclosed.ZBD, headquartered in New Jersey, primarily provides payment software solutions for video games, supporting multiple transaction processing options, including Bitcoin. The company does not engage in NFTs or crypto-based gameplay but focuses on using blockchain as a payment channel to help game developers establish direct financial relationships with players, facilitating transfers between users and in-game reward distribution. The company currently has 70 employees and has partnered with 55 games by 2025. This funding round will be used to expand its payment product suite over the next year.

ChainCatcher news, according to CoinDesk, the Bitcoin Lightning Network payment platform ZBD (formerly Zebedee) announced that it has received approval from the Dutch Authority for the Financial Markets (AFM) and will be granted a license when the MiCA regulation officially comes into effect on December 30.This license will allow ZBD to provide cryptocurrency custody and trading services throughout the European Union. ZBD submitted its application in April this year and is one of the first companies to be approved.Currently, countries like the Netherlands are prepared for the implementation of MiCA, while other EU member states are still advancing related legislative work. The list of approved companies will be published on the AFM's official website after MiCA comes into effect.