Participated · Equity · Aug 2024

Zoth is developing what it claims to be the world’s first privacy-first stablecoin neobank, aiming to give both retail and institutional customers a trusted, transparent and compliant way to save, spend and earn in stablecoins. The platform blends institutional-grade security with a neobank-style interface to hide the technical complexity and volatility commonly associated with crypto. Management sees strong demand in emerging markets for borderless, dollar-based accounts and positions Zoth as a bridge between decentralized finance yield opportunities and mainstream banking workflows. Future plans include advancing its product roadmap, deepening compliance capabilities and expanding brand awareness through elements such as its "Zoctopus" mascot. Investor Luca Netz is expected to help craft a retail-ready community strategy, while JLabs Digital intends to leverage Zoth’s rails for a regulated DeFi fund. The recent strategic financing will accelerate product development and go-to-market efforts. No revenue, user or asset figures have been disclosed to date.