Gamers have long bought and sold digital items like swords, jewels, and spaceship parts. Cryptocurrencies, which are inherently digital, seem like an obvious tie-in. In a bid to make good on that combination and build blockchain payment rails for video games, the Bitcoin payments startup ZBD has raised $40 million in a Series C fundraise.
Based in New Jersey, the company sells access to video game payments software that can process a variety of transactions, including ones with Bitcoin. Blockstream Capital, a crypto investment firm connected to early Bitcoiner Adam Back, led ZBD’s most recent funding round and put in $36 million, Simon Cowell, the startup’s cofounder and CEO, told Fortune. He declined to name the other investors and at what valuation ZBD raised its most recent round.
