ZIGChain changes name to ZIG Finance

ZIGChain announced this week that it will change its name to ZIG Finance. The rebranding reflects the company’s growth beyond its original infrastructure role. The company now positions itself as a more complete financial services provider with a broader offering.

In brief:

• ZIGChain will henceforth be called ZIG Finance following an expansion of its business model
• The company is building financial products, origination, structuring and distribution
• Ethereum forms the economic core of the ecosystem

Expansion into financial services

According to the company, growth beyond its traditional infrastructure role is the reason for the name change. ZIG Finance now focuses on developing financial products, origination, structuring and distribution alongside technical infrastructure.

The Ethereum blockchain forms the economic centre of the new ecosystem. The company is building its network and services around the Ethereum network.

Ethereum remains strategically important

Ethereum is currently priced at $2.682,52, down 2.7% over the past 24 hours. For ZIG Finance, Ethereum apparently represents a crucial part of its future strategy.