According to media reports, DoubleZero completed a $28 million funding round on March 5, 2025. The round saw participation from investment firms including Dragonfly, Multicoin Capital, Borderless Capital, Superscrypt, Standard Crypto, Wintermute, GSR, Delphi Digital, Reciprocal Ventures, and DBA. Following this round, DoubleZero’s valuation reached $400 million, with total cumulative funding amounting to $28 million.DoubleZero is a global foundational network optimized for blockchain and distributed systems. The protocol enables permissionless contributions of independent fiber optic links, creating a dynamic and scalable high-performance global network at the foundational layer. This decentralized infrastructure allows Layer 1 and Layer 2 blockchains to overcome communication bottlenecks and approach maximum performance permitted by physical constraints.Notably, DoubleZero has demonstrated strong momentum in its development trajectory. In September 2025, the project plans to launch its mainnet beta. Later that month, the U.S. SEC issued a confirmation letter to DoubleZero stating that its 2Z token does not require registration as an equity security. This key milestone provides significant support for the project’s regulatory compliance. In early October 2025, DoubleZero was listed on several major exchanges and introduced perpetual contract trading. These critical events reflect market recognition of DoubleZero’s technological innovation and application potential, further energizing the development of blockchain infrastructure.
