zkCross Network announces its oversubscribed seed and strategic funding rounds, backed by investors including Stellar, ahead of a $2.6M public sale. The project offers chain abstraction infrastructure to simplify cross-chain DeFi with features like messaging systems, liquidity aggregation, and decentralized protocols. A detailed roadmap outlines expansion across blockchains, targeting massive user growth.
zkCross Network has closed an oversubscribed strategic round with support from prominent investors such as Blockchain Founders Fund, NxGen, and Stellar, recognizing its potential to revolutionize DeFi. The project is gearing up for a $2.6M community public sale at a $52.5M valuation on platforms like Paid Network and OpenPad, while the private round fills rapidly. Backed by blockchains like ICP, Partisia, and Stellar, zkCross provides chain abstraction infrastructure featuring secure messaging, liquidity aggregation, and decentralized protocols to unify fragmented DeFi liquidity. Key benefits include wallet and gas abstraction, universal liquidity, fiat on-ramps via Transak, and an SDK for developers. The roadmap spans phases from non-EVM launches on Hive and Tezos to EVM expansions, Bitcoin integration, RWA support, and community-driven growth, aiming for nearly 1 million users.
