Zentry Secures Strategic Funding to Propel Metagame Layer Development

Blockchain Web3
Ad Disclosure
Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Last updated:
Ad Disclosure
Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Author
Hongji Feng
Author Categories
About Author

Hongji is a crypto and tech reporter. He graduated from Northwestern University's Medill School of Journalism with a Bachelor's and a Master's. He has previously interned at HTX (Huobi Global),...

Last updated:
Why Trust Cryptonews
Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews
Ad DisclosureWe believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. Read more

Zentry, formerly known as GuildFi, has secured funding in a strategic round to build its Metagame Layer.

According to a press release shared with Cryptonews.com, the funding round included investments from Spartan Capital, Synergis, LongHash Ventures and DWF Labs. Animoca, Binance Labs, Coinbase Ventures and Pantera Capital have previously supported the company.

Metagame Layer to Unite Gamers Across Platforms

The new funding has increased Zentry’s treasury to over $150 million, including 16,000+ ETH, positioning the company to advance the development of the Metagame Layer for future web3 gaming and social experiences.

“As we build the Metagame Layer to unite all games and experiences into one vibrant Play Economy, adding the invaluable relationships from Spartan Capital, Synergis and LongHash was a no brainer,” said Zentry founder and CEO Jarindr Thitadilaka.

“They each bring deep expertise in gaming, virtual worlds and decentralized technologies – which will be critical as we execute our empowering vision to link people’s online and IRL activity to web3’s economic incentive layers,” said Thitadilaka.

GuildFi Rebands as Zentry in April

In April, GuildFi rebranded as Zentry as a part of the relaunch. It announced to introduce a new token conversion program where holders of the original GuildFi token $GF could convert it to the new token $ZENT.

Up the rebrand, the company also announced plans to build Metagame Layer, aimed at uniting three billion gamers into a single economy, regardless of the platform used. This layer will integrate loyalty systems, gamer identities, and cross-world activities from various games and platforms.

“Gamification of everyday life will continue to be a dominant trend going forward, and we believe Zentry is well positioned to build a unique social layer that better connects the digital and physical worlds,” said Synergis Capital founder and Managing Partner Jerry Shi.

“As the network effects of Zentry’s community platform grow it has the potential to become the dominant distribution source for new games and entertainment,” stated Shi.

More Articles

Altcoin News
Kanye West Says He Rejected $2 Million Offer to Promote Alleged Crypto Scam
Ruholamin Haqshanas
Ruholamin Haqshanas
2025-02-08 09:46:28
Bitcoin News
Florida Senator Proposes State Investment in Bitcoin to Hedge Against Inflation
Ruholamin Haqshanas
Ruholamin Haqshanas
2025-02-08 09:43:01
Crypto News in numbers
editors
Authors List + 66 More
2M+
Active Monthly Users Around the World
250+
Guides and Reviews Articles
8
Years on the Market
70
International Team Authors