PANews reported on April 9 that Giggles, a tokenized social video platform, announced the completion of a $1.2 million Pre-Seed funding round in 2025, led by 1kx, with participation from Virtuals Protocol, Social Graph Ventures, Noar Ventures, Night Capital, and angel investors from OpenAI and Bain Capital.

Giggles is a Web3 social network that allows users to invest in video content early on and benefit from it as it gains popularity. Built on blockchain technology, the platform supports ownership, tokenized rewards, and transparent interaction mechanisms. Giggles launched its beta version in August 2025 and is set to officially launch in the US, supporting real-money transactions.