Unlocking the potential of blockchain technology: the crucial step

GEM Digital invests $35 million in Zenith Chain, a blockchain-based startup

Last Updated: April 11, 2022By

Zenith Chain Exchange is a cutting-edge new-age cryptocurrency exchange with a secure trading.

Zenith Chain, a Blockchain startup based in Lithuania, has partnered with GEM Digital Limited to raise $35 million in funding. According to CEO Jonathan Emmanuel, the investment will help the company advance from where it is now to a far stronger position. At the same time, the entire team continues to work relentlessly to improve the company’s operations and general management.

“This investment backing from GEM will help the company improve its existing products and create new ones, thereby fulfilling its aim of producing blockchain solutions for the widespread use and ultimately growing user adoption,” he says.

Zenith Chain is a blockchain technology startup developing a low-cost blockchain system that provides speed and security while charging near-zero transaction fees. The blockchain is compatible with all current Ethereum smart contracts and is also suited for the minting of NFTs and the development of decentralized crypto exchanges. The company is already regarded as one of Lithuania’s most incredible startups.

Zenith Exchange is a cutting-edge new-age cryptocurrency exchange with a secure trading. It’s a regulated exchange platform that takes care of things like security, liquidity, and fiat to crypto and vice versa transactions, among other things.

GEM Digital Limited is a company that invests in digital assets. The firm, based in the Bahamas, actively sources, constructs, and invests in utility tokens listed on over 30 CEXs and DEXs around the world.

Also, read – A Massive Investment of $200M made by Figure Technologies

Global Emerging Markets (“GEM”) is an alternative investment firm based in Paris, New York, and the Bahamas with a $3.4 billion market capitalization. GEM oversees a wide range of developing market investment vehicles and has executed over 500 transactions in 72 countries. GEM and its partners have access to Small-Mid Cap Management Buyouts, Private Investments in Public Equities, and select venture investments through the family of funds and investment vehicles. The degree of operational control, risk-adjusted return, and liquidity profile of each investment vehicle vary.

Gif;base64,r0lgodlhaqabaaaaach5baekaaealaaaaaabaaeaaaictaeaow==

Get Blockchain Insights In Inbox

Stay ahead of the curve with expert analysis and market updates.

About the Author: Diana Ambolis

Diana ambolis
Diana Ambolis is a dedicated blockchain enthusiast and writer for Blockchain Magazine. With over a decade in the tech industry and a Master’s degree in Computer Science, she has a deep understanding of blockchain technology. Diana excels at simplifying complex concepts and exploring real-world applications of blockchain. Her articles are known for their clarity, insightful analysis, and engaging style.

Disclaimer: Any post shared by a third-party agency are sponsored and Blockchain Magazine has no views on any such posts. The views and opinions expressed in this post are those of the clients and do not necessarily reflect the official policy or position of Blockchain Magazine. The information provided in this post is for informational purposes only and should not be considered as financial, investment, or professional advice. Blockchain Magazine does not endorse or promote any specific products, services, or companies mentioned in this posts. Readers are encouraged to conduct their own research and consult with a qualified professional before making any financial decisions.