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Ziglu Makes Crypto Spendable, Announces the Ziglu Coin, and Launches its Series A Fundraise
Ziglu is revolutionising how people use cryptocurrency in the real world. With the Ziglu Mastercard debit card, users can now spend their crypto just like fiat currency – anywhere in the world, online or in-store, and even withdraw cash from ATMs.
Simply set your preferred spending balance – any crypto or fiat, or a combination of both that you decide – and Ziglu seamlessly converts it in real time. The transaction completes instantly, making crypto as easy to spend as traditional money.
The Ziglu Coin: The next step in digital finance.
Ziglu is taking crypto innovation further with a recently-signed term sheet for the launch of its own Ziglu Coin, backed by a $10 million investment. Expected in Q2 2025, Ziglu Coin will be available on Ziglu as well as other major exchanges.
Users will be able to earn Ziglu Coin through the Ziglu app and ecosystem, unlocking unique rewards and benefits via an upcoming enhanced subscription programme. A full prospectus will be released soon.
“Our Ziglu Coin is an important step in bringing more utility, accessibility, community, and rewards to our users,” said Mark Hipperson, Founder & CEO of Ziglu. “We’re building an ecosystem where digital assets work seamlessly alongside traditional finance, giving people real-world value and control over their money.”
Series A fundraise: £5m at a £45m valuation.
To fuel its ambitious expansion, Ziglu is launching its £5 million Series A fundraise at a £45 million valuation. The funding will accelerate product development, European expansion, and the introduction of new investment opportunities. Launching in Gibraltar and expanding to the EU. Ziglu’s decision to establish a presence in Gibraltar reflects the jurisdiction’s growing reputation as a dynamic fintech hub, offering a robust regulatory framework, access to the UK single market, and a supportive business environment.
The company’s expansion is set to bring new opportunities for investment, employment, and collaboration within Gibraltar’s financial services and tech sectors.
“Gibraltar is an ideal location for fintech growth,” said Mark Hipperson. “Its regulatory clarity, forward-thinking approach, and vibrant business ecosystem make it a natural choice for Ziglu’s continued expansion. We’re excited to build meaningful partnerships here and contribute to the local economy.”
More investment options coming soon
Beyond crypto, Ziglu is preparing to launch an expanded range of investment products, including equities, commodities, and cash savings, offering users a comprehensive financial platform.
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