Zenith Chain, Blockchain-based Startup Secures $35 Million Investment Round
Zenith Chain, a Blockchain startup based in Lithuania, has raised $35 million in funding from GEM Digital Limited, according to the company.
When fully implemented, the investment will serve as a catalyst for the company's transition from its current state to a significantly better one, while the entire team works tirelessly to improve the operations and overall management of the company. Jonathan Emmanuel, the CEO, made the following statement.
According to him, "this investment funding from GEM will enable the company to further improve its existing products and launch new ones, enabling it to achieve its goal of developing blockchain solutions for widespread use and ultimately increasing user adoption."
Zenith Chain
A blockchain technology startup with the goal of developing an affordable blockchain solution that combines speed, security, and low transaction fees, Zenith Chain is based in San Francisco, California. As of right now, the establishment is considered to be one of Lithuania's most promising startups. Moreover, the blockchain is compatible with all existing Ethereum-based smart contracts, and it is also appropriate for the production of NFTs and the development of decentralized cryptocurrency exchanges.
In addition to being a cutting-edge new-generation cryptocurrency exchange, Zenith Exchange is also known for its emphasis on security in trading. Hexagon Exchange is a regulated exchange platform that addresses critical issues such as security, liquidity, and the conversion of fiat currency into cryptocurrency and vice versa.
GEM Digital Limited
GEM Digital Limited is a company that specializes in the acquisition and sale of digital assets. It is based in The Bahamas, and it is actively involved in the acquisition of utility tokens that are listed on over 30 global cryptocurrency exchanges and decentralized exchanges.
Global Emerging Markets ("GEM") is an alternative asset management firm with offices in Paris, New York, and the Bahamas that manages $3.4 billion in assets. Over the course of its history, GEM has managed a diverse portfolio of emerging market investment vehicles and completed more than 500 transactions in 72 different countries. Each investment vehicle has its own operational control structure, risk-adjusted return profile, and liquidity profile, all of which are distinct from the others. Through the GEM family of funds and investment vehicles, GEM and its partners gain exposure to Small-Mid Cap Management Buyouts, Private Investments in Public Equities, and select venture capital investments.
