Gate News update: On April 9, 2025, the short-form video + meme trading platform Giggles completed a $1.2 million Pre-Seed round. Investors include 1kx Capital, Virtuals Protocol, Social Graph Ventures, Noar Ventures, Night Capital, and others. Angel investors come from organizations such as OpenAI and Bain Capital. Giggles was built by 19-year-old Canadian founder Justin Jin. It’s a TikTok-style short-form video social app whose core mechanism is “all content can be traded.” Users can perform price discovery and trade hot videos and memes. The project combines social-feed short video browsing with prediction markets; users who buy content early can profit if it goes viral. At present, Giggles is in an invite-only testing phase and has already attracted a large number of users to its waitlist.