The privacy stablecoin project Zoth has completed a new round of strategic financing, led by Taisu Ventures

According to PR Newswire, the privacy stablecoin project Zoth announced the completion of a new round of strategic financing, with the specific amount not disclosed. Taisu Ventures led the round, with participation from Luca Netz, CEO and owner of the NFT project "Fat Penguin" Pudgy Penguins, and JLabs Digital.

The new funding will support its development of stablecoin infrastructure based on a "privacy-first" framework.