The new meme issuance platform Giggles has completed a $1.2 million Pre-Seed funding round with participation from 1kx Capital.

BlockBeats News, April 9th, according to TechCrunch report, short video + meme distribution platform Giggles completed a $1.2 million (actually $1,234,567) Pre-Seed funding round in 2025, with investors including 1kx Capital, Virtuals Protocol, Social Graph Ventures, Noar Ventures, Night Capital, etc., and angel investors from OpenAI, Bain Capital, and other institutions.

According to reports, Giggles, founded by 19-year-old Canadian entrepreneur Justin Jin, is a TikTok-style short video social app, with the core mechanism of "all content is tradable". Users can discover and trade hot videos and memes. The project combines social swiping videos with prediction markets, allowing users to profit early if the content goes viral. Currently in invite-only testing phase, it has attracted a large waiting list of users, embodying the integration of content economics and crypto trends.