ZBD completes $40 million Series C funding, led by Blockstream

Foresight News reports that Bitcoin payment startup ZBD (formerly Zebedee) has completed a $40 million Series C funding round, led by Blockstream Capital (with an investment of $36 million). The details of other investors and the company's valuation have not been disclosed. This funding will be used to launch a more comprehensive suite of payment products within the next year.

ZBD is headquartered in New Jersey and primarily provides payment software solutions for the video game industry. ZBD focuses on payment infrastructure, allowing developers to integrate Bitcoin payment and reward functionalities into games. Gamers can make direct transfers through this technology or earn loyalty rewards by staying online.