ZKcandy raises $4M for its gaming-focused Layer 2 chain

ZKcandy announced today that it has closed a $4 million private funding round shortly after the open-testnet phase for its gaming-focused Layer 2 chain. During this phase, over 2.4 million wallets were created in two weeks, proving the concept’s ability to both reach and be accessible to a wide audience. According to the company, it plans to use the funding to grow its ecosystem.

The round’s investors include Wemix Pte. Ltd., Animoca Ventures, Spartan Group, Perlone Capital, Presto Labs, Flowdesk, Prometheuz, Lecca Ventures, and Efficient Frontier. Other investors include angels and early contributors, including Stacks, Analog, Mittaria, Xangle, and Trading Strategies.