ZBD Secures $40 Million to Revolutionize Video Game Payments with Bitcoin Integration
ZBD Secures $40 Million to Revolutionize Video Game Payments with Bitcoin
In a groundbreaking move for the gaming industry, ZBD, a New Jersey-based startup, has successfully raised $40 million in a Series C funding round to enhance blockchain payment solutions for video games. The funding, led by Blockstream Capitalâa firm associated with early Bitcoin pioneer Adam Backâsignals a significant step towards integrating cryptocurrencies into the gaming ecosystem.
ZBD specializes in providing software that facilitates a variety of payment transactions, including Bitcoin, allowing game developers to establish direct financial relationships with players. âWeâre talking about a payment solution for the entire industry that actually really enables them to have a direct financial relationship to the player,â said Simon Cowell, co-founder and CEO of ZBD.
Despite the current skepticism surrounding the integration of cryptocurrencies into gaming, ZBD is focusing on a proven use case: payments. While many had anticipated that NFTs would dominate the gaming landscape, mainstream adoption has lagged since the crypto boom of 2021 and 2022. ZBD, however, is steering clear of NFTs and instead capitalizing on the growing acceptance of cryptocurrencies as payment methods, particularly with the rise of stablecoins.
Cowellâs background in financial services, rather than gaming, has shaped ZBDâs approach. After spending years in asset management and working with NXMH, which acquired the crypto exchange Bitstamp, Cowell co-founded ZBD in 2019 with AndrĂ© Neves and Christian Moss. The companyâs name, inspired by a character from a French cartoon, reflects a playful yet innovative spirit.
ZBDâs platform allows gamers to receive payouts in Bitcoin, while also enabling direct peer-to-peer transactions and loyalty rewards. âYou retain that user because you donât need to send them out to a third party, because weâre providing the rails,â explained Ben Cousens, ZBDâs chief strategy officer.
Although ZBD is not yet profitable, Cowell noted that the startup has gained traction among mobile game developers, collaborating with 55 games in 2025. The newly acquired funds will be utilized to expand their suite of payment products over the coming year. âWhere weâre moving to is expanding into a more fulsome payment suite,â Cowell added.
As the gaming industry continues to evolve, ZBDâs innovative approach to integrating Bitcoin payments could redefine how players and developers interact financially, paving the way for a new era in gaming transactions.
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