The Blockchain Startup Zenith chain provides $ 35 million in funding from GEM Digital

This financial support is provided by GEM Digital Limited, a Bahamas-based digital investment company.

Lithuania-based Blockchain startup Zenith Chain has signed a $ 35 million investment financing agreement with GEM Digital Limited.

The investment will serve as a means to move the company from its current position to a much better position, as the entire team continues to work tirelessly to further improve the business, both in operations and in the overall management of the company, said Jonathan Emmanuel, CEO. .

According to him, “This investment funding from GEM helps the company continue to improve existing products and launch new ones, thus achieving its goal of creating blockchain-intensive solutions and ultimately increasing user customization.

Zenith Chain is a blockchain technology start-up with a vision to create an affordable blockchain solution that provides speed and security while maintaining near-zero transaction fees. The institution is already among the best start-ups in Lithuania. The blockchain is compatible with all smart contracts currently integrated into the Ethereum network, as well as suitable for forging NFTs and developing decentralized cryptocurrencies.

Zenith Exchange: An advanced cryptocurrency exchange that offers secure trading. It is a regulated exchange platform that addresses critical issues such as security, liquidity and fiat to cryptocurrency transactions and vice versa.

GEM Digital Limited is a digital asset investment company. The Bahamas-based research, structure and investment company is housed in utility tokens listed on more than 30 CEX and DEX worldwide.

Global Emerging Markets (GEM) is a $ 3.4 billion alternative investment group operating in Paris, New York and the Bahamas. GEM manages a diversified portfolio of investment instruments focusing on emerging markets and has completed more than 500 transactions in 72 countries. Each investment vehicle has a different degree of operational control, a risk-adjusted return and a liquidity profile. The family of funds and investment instruments offers GEM and its partners: buy-outs for the management of small and medium-sized enterprises, private equity investments and certain venture capital investments.

This story is provided by Target Media. ANI will not be held responsible for the content of this article.

(Business Standard employees may have edited only the title and image of this report; the rest of the content is automatically generated from the syndicated feed.)

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