ZOOT Raises $6 Million to Take Stablecoin Gaming Global

Sweepstakes gaming platform ZOOT has secured $6 million in seed funding to expand beyond the U.S. market and bring stablecoin-driven entertainment to a global audience. The round was led by CoinFund, with support from Griffin Gaming Partners.


Good to know

  • ZOOT plans to scale into Southeast Asia, Latin America, and Africa.
  • The platform blends video game mechanics with real-money gaming.
  • Seed funding will go toward game development and blockchain integration.

ZOOT, known for its video game-inspired approach to iGaming, is now setting its sights on a global market. The company aims to eliminate delays and regional limits often found in traditional online gaming by using blockchain rails for payments.

The use of stablecoins allows the platform to offer instant, zero-fee payouts—a key upgrade for global players who often face high costs and slow processing. According to ZOOT co-founder and CEO Sean Ryan, “With stablecoins eliminating traditional payment friction, we can serve players globally with zero fees and instant payouts.”

Backed by industry experience and blockchain investors

ZOOT was founded by John Cahill and Sean Ryan, both long-time veterans in gaming. Cahill has worked with Sega, Yahoo Games, and Shockwave. Ryan previously led Facebook’s gaming division and co-founded OpenWager, which was acquired by VGW in 2017.

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The new investment round, led by CoinFund, a crypto-native investment firm with a portfolio of more than 100 blockchain companies, positions ZOOT to tap into fast-growing stablecoin usage. David Pakman of CoinFund said, “Sean is one of the most thoughtful and experienced entrepreneurs in gaming, and we believe he and his team will be one of the largest winners in this market.”

Building on early success

ZOOT has already launched in the U.S. with sweepstakes games and now plans to release new titles while improving its blockchain infrastructure. One of its leading products is a modern take on Plinko, reimagined through a Beer Pong-style experience with high-quality graphics and sound.

The team is working to bring a more interactive, transparent, and rewarding experience to real-money gaming. With platforms like Visa and PayPal also exploring crypto rails, ZOOT believes the market is ready for faster, borderless payment options in entertainment.

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