Zilliqa is a public, permissionless blockchain developed to provide high throughput with the capacity to complete thousands of transactions per second. Zilliqa grabbed headlines and became a major topic of conversation in cryptocurrency circles when it launched its mainnet in 2019.

The decentralized exchange of ZilSwap has hit a new milestone in terms of total value locked. According to data shared by the President of Zilliqa (ZIL), Amrit Kummer, ZilSwap has hit $219 million in total value locked.

ZILHive, the ecosystem growth arm of high-performance blockchain platform Zilliqa has launched a strategic annual investment fund of up to US$5 million for 15 promising companies building on the Zilliqa platform. This investment will be funnelled through two new initiatives in the ZILHive ecosystem — ZILHive Incubator and ZILHive Ventures. These two initiatives serve to supplement the US$5 million already previously committed to grants, accelerator, and education initiatives in 2018.

We have been seeing a lot of traction for the blockchain industry in the last couple of years or so, as this technology gains recognition due to the increasing popularity of cryptocurrencies. As more people have tried to understand how cryptocurrencies work, they have been introduced to blockchain and its importance to the functioning of cryptocurrencies. However, it is also important to note that while blockchain networks are crucial for cryptocurrencies to work, that is not their only application. Blockchain is being investigated as a potential solution for problems in various sectors, from the likes of healthcare and data storage to analytics, software development and even gaming and sports. The various benefits that blockchain networks bring can be of use to a wide variety of sectors, and so it is not surprising that we are seeing a lot of investment take place in this and related sectors.

Despite being at an ATH, Zilliqa (ZIL) has shown considerable weakness. While LaunchZone listed the liquidity mining pair of ZIL/BNB on April 13, this has not had any effect on the price so far.

Colin JG Miles, is the Chief Commercial Officer & Co-CEO at Zilliqa, the world’s first high-throughput public blockchain platform – designed to scale to thousands ​of transactions per second.

Zilliqa Capital will invest in Zilliqa’s native utility token “ZIL” as a strategic asset, and selectively invest in Zilliqa and relevant non-Zilliqa based businesses. Zilliqa Capital has the resources, experience, and relationships to support businesses and invest in industry-shifting disruptive technologies. Through a network of strategic investments, Zilliqa Capital looks to nurture entrepreneurs and developers to further cement Zilliqa’s position as the blockchain platform of choice across Southeast Asia and India, all while enhancing its impact globally, as well.

I’m a victim of consumerism. Online shopping is my temporary salve whenever I’m stressed: I get a thrill from putting unnecessary items in my cart and “carrying” them through to checkout. But this still doesn’t beat the experience of physically wandering through a store to inhale the scent of freshly printed books or trying on clothes I don’t actually need. The same is true of online grocery shopping: It’s practical and efficient, but it doesn’t carry the same (sensorial) thrill of exploring the aisles of a supermarket.

Michael CONN, former CEO of Ether Capital, launches investment firm Zilliqa Capital to develop the financial and emerging technology ecosystem in Southeast Asia. Zilliqa Capital will invest in its own Zilliqa utility token (ZIL) as a strategic asset and selectively invest in Zilliqa and related non-Zilliqa businesses.

Zilliqa had another leg up in the past three days to $0.197 after a significant breakout from a key pattern on the 12-hour chart. The digital asset is closer than ever to a new all-time high since 2018.

Ziliqa is one of the known crypto assets that has joined the bull run after a consolidation phase. It saw a rise of 3.29% in the last 24 hours reaching the market capital of $2,036,161,190 and is trading at $0.1839.

Blockchain giant Zilliqa has injected a strategic annual investment fund of up to $6.7m (US$5m) for 15 promising companies building on its platform, through two new initiatives in its ecosystem growth arm ZILHive.