ZKcandy, a gaming-focused Layer 2 blockchain powered by ZKsync, has announced the completion of a $4 million private funding round. The round was supported by established investors including Wemix Pte. Ltd., Animoca Ventures, Spartan Group, Perlone Capital, Presto Labs, Flowdesk, Prometheuz, Lecca Ventures, and Efficient Frontier. Angel investors and early contributors from firms such as Stacks, Analog, Mittaria, Xangle, and Trading Strategies also participated. This funding follows ZKcandy’s open testnet phase, during which more than 2.4 million wallets were created within two weeks. 

ZKcandy Raises $4 Million in Funding

Focus Accessibility

ZKcandy’s mission is to simplify blockchain adoption for both developers and players, creating an ecosystem that supports a wide range of gaming experiences. CEO Lau Kin Wai expressed optimism about the funding milestone, stating:

“Securing this funding is a big step for us. Our goal is to make web3 gaming more open and accessible to everyone. We want to bring in top games and other large IPs and create a space where users can enjoy smooth, secure, and rewarding experiences. With support from our investors, we will keep building toward that vision.”

The platform benefits from its unique position as a Layer 2 chain with connections to a major game studio. ZKcandy’s parent company, iCandy Interactive, is a Southeast Asian game developer with a portfolio of over 500 games and more than 300 million gamers worldwide. This experience provides ZKcandy with a strong foundation to support game development and market launch efforts.

ZKcandy by ZKsync

Funding Allocation and Future Plans

The $4 million funding will support key initiatives aimed at strengthening the ZKcandy ecosystem. Planned developments include:

• Telegram-Based EVM Gaming Ecosystem: Building an Ethereum-compatible gaming network within Telegram to simplify blockchain access.
• AI Integration in Gaming: Developing AI tools to enhance gameplay and user engagement.
• Partnerships with Major IP Holders: Expanding collaborations with leading brands to increase adoption.
• Mainnet Launch: Preparing for the mainnet launch scheduled for the first half of 2025.

ZKcandy is currently working on over 25 game titles, including a licensed game based on a Tier-1 Hollywood intellectual property. These projects demonstrate the platform’s appeal to high-profile gaming partners and its potential to deliver diverse gaming experiences.