[New Meme Trading Platform Giggles Completes $1.2 Million Pre-Seed Funding Round, Backed by 1kx Capital and Others] BlockBeats News, April 9: According to a report by TechCrunch, the short video + meme trading platform Giggles completed a $1.2 million Pre-Seed funding round in 2025. Investors include 1kx Capital, Virtuals Protocol, Social Graph Ventures, Noar Ventures, Night Capital, and angel investors from institutions such as OpenAI and Bain Capital. Reportedly, Giggles was created by 19-year-old Canadian founder Justin Jin. It is a TikTok-style short video social app with a core mechanism where "all content is tradable." Users can engage in price discovery and trading of trending videos and memes. The project combines social video browsing with prediction markets, allowing users to profit if the content they purchase early goes viral. Currently in an invite-only testing phase, the platform has already attracted a large waitlist of users, showcasing the integration of the content economy with crypto trends.