ZetaChain, a Layer 1 network for full-chain interoperability, has completed a $27 million equity financing, with participation from Jane Street Capital and others

ChainCatcher news, according to official sources, the full-chain interoperable Layer 1 network ZetaChain has announced the completion of a $27 million equity financing round, with participation from Blockchain.com, Human Capital, VY Capital, Sky9 Capital, Jane Street Capital, VistaLabs, CMT Digital, Foundation Capital, Lingfeng Capital, GSR, Kudasai, Krust, and others.

It is reported that ZetaChain's mission is to establish a new standard for blockchain interoperability, allowing users to manage all their assets and data from a single platform, regardless of which blockchain they were created or stored on (including non-smart contract chains like the Bitcoin network and DogeCoin), without the need for bridging or wrapping tokens.

According to official data, the ZetaChain ecosystem has currently deployed over 27,000 dApp contracts, covering various sectors such as cross-chain DeFi, NFTs, Web3 social, identity, and gaming protocols. More than 1.7 million users have participated in the ZetaChain testnet, completing over 13 million transactions.