What is Jigstack?
Jigstack operates as a decentralized autonomous organization (DAO) focused on managing a suite of audited, non-custodial, and secure assets and protocols built on the Ethereum network. The company aims to standardize uniform quality and high performance across its applications, enabling users worldwide to manage their finances with confidence. This strategic positioning leverages the widespread commercial adoption of Ethereum, which is increasingly being utilized by major institutions for global commerce, development, and financial asset deployment. With a vast global developer community contributing to the Ethereum tech stack, Jigstack is poised to benefit from the anticipated growth in decentralized applications (dapps) and financial assets, potentially managing trillions in daily transaction volume.
How much funding has Jigstack raised?
Jigstack has raised a total of $3M across 1 funding round:
Other Financing Round
$3M
Other Financing Round (2021): $3M with participation from X21 Digital, DHC Capital, Blocksync Ventures, Gains, Moonwhale Ventures, CSP DAO, Exnetwork.com, and Block Films
Key Investors in Jigstack
DHC Capital
DHC Capital is a prominent investment banking and financial advisory firm specializing in restructuring and special situations throughout Asia, providing integrated capital structure advice and connecting clients with alternative and strategic capital.
Moonwhale Ventures
Moonwhale Ventures is an investment banking firm headquartered in Singapore, focusing on the crypto and blockchain space, providing capital and strategic support to emerging projects.
Exnetwork.com
Exnetwork.com is a venture capital firm that invests in early-stage blockchain and cryptocurrency projects, aiming to foster innovation and growth within the decentralized technology sector.
What's next for Jigstack?
The recent major strategic investment into Jigstack signals a strong validation of its mission to provide secure and user-friendly financial management tools within the Ethereum ecosystem. This capital injection is expected to fuel further development of its decentralized protocols and expand its portfolio of audited assets. As Ethereum solidifies its role as a foundational layer for global commerce and decentralized finance (DeFi), Jigstack's focus on trust, security, and performance positions it for significant growth. The company is likely to enhance its offerings, attract more users seeking reliable crypto asset management, and potentially forge deeper partnerships within the Web3 space, capitalizing on the increasing institutional interest and developer activity.
See full Jigstack company page