{"id":425862,"date":"2026-08-12T11:52:00","date_gmt":"2026-08-12T11:52:00","guid":{"rendered":"https:\/\/dailybanglanewspapers.com\/news\/zakat-coin-zktc-launches-round-2-ieo-on-coinstore-following-a-highly-successful-record-breaking-first-round\/"},"modified":"2026-08-12T11:52:00","modified_gmt":"2026-08-12T11:52:00","slug":"zakat-coin-zktc-launches-round-2-ieo-on-coinstore-following-a-highly-successful-record-breaking-first-round","status":"publish","type":"post","link":"https:\/\/dailybanglanewspapers.com\/news\/zakat-coin-zktc-launches-round-2-ieo-on-coinstore-following-a-highly-successful-record-breaking-first-round\/","title":{"rendered":"Zakat Coin ($ZKTC) Launches Round 2 IEO on Coinstore Following a Highly Successful \u2014 Record Breaking First Round"},"content":{"rendered":"<p><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" alt=\"Zakat Coin ($ZKTC) Launches Round 2 IEO on Coinstore Following a Highly Successful \u2014 Record Breaking First Round\" data-mce-style=\"display: block; margin-left: auto; margin-right: auto;\" height=\"338\" src=\"https:\/\/ml.globenewswire.com\/Resource\/Download\/9bdf3890-0570-4fcf-a9e1-f020fa4847dc\/zakat-coin-zktc-launches-round-2-ieo-on-coinstore-following-a-highly-successful-record-breaking-first-round.png\" style=\"display:block;margin-left:auto;margin-right:auto\" width=\"600\" data-dpi=\"96\" data-caption=\"Zakat Coin ($ZKTC) Launches Round 2 IEO on Coinstore Following a Highly Successful \u2014 Record Breaking First Round\" data-filename=\"Zakat Coin ($ZKTC) Launches Round 2 IEO on Coinstore Following a Highly Successful \u2014 Record Breaking First Round.png\" \/><\/p>\n<p>DUBAI, United Arab Emirates, Aug.  12, 2026 <a href=\"https:\/\/www.globenewswire.com\" target=\"_blank\">(GLOBE NEWSWIRE)<\/a> &#8212; <\/p>\n<p>Following a highly successful first round, Zakat Coin ($ZKTC) is returning to Coinstore for its <strong>Second IEO Round<\/strong>, giving more users the opportunity to participate in the growth of the ZakPay ecosystem.<\/p>\n<p>The <strong>ZKTC Round 2 IEO will officially begin on August 12, 2026, at 18:00 (UTC+8)<\/strong>, with a new fundraising target of <strong>2,000,000 USDT<\/strong> and an allocation of <strong>200,000,000 ZKTC<\/strong>.<\/p>\n<p>The second round follows strong demand during Round 1, highlighting growing interest in ZKTC and the broader vision behind ZakPay.<\/p>\n<p><strong>ZKTC Round 1 Sets a Strong Fundraising Milestone<\/strong><\/p>\n<p>The first ZKTC IEO round attracted significant participation from the Coinstore community.<\/p>\n<p>Round 1 recorded:<\/p>\n<ul type=\"disc\">\n<li><strong>6,034 participants<\/strong><\/li>\n<li><strong>6,021,381.23 USDT total committed<\/strong><\/li>\n<li><strong>4,000,000 USDT fundraising target<\/strong><\/li>\n<li><strong>150.53% of the fundraising target achieved<\/strong><\/li>\n<li><strong>The strong level of participation demonstrates the growing attention around Zakat Coin and the ZakPay ecosystem.<\/strong><\/li>\n<\/ul>\n<p>With Round 1 successfully completed, ZKTC Round 2 opens a new opportunity for users who are ready to take part in the next stage of the project.<\/p>\n<p><strong>ZKTC Round 2 IEO Details<\/strong><\/p>\n<p><strong>Token Name:<\/strong> Zakat Coin<br \/><strong>Token Symbol:<\/strong> ZKTC<br \/><strong>IEO Round: <\/strong>Round 2<br \/><strong>Start Date: <\/strong>August 12, 2026, 18:00 (UTC+8)<br \/><strong>Fundraising Target:<\/strong> 2,000,000 USDT<br \/><strong>Token Allocation:<\/strong> 200,000,000 ZKTC<\/p>\n<p>Users are encouraged to stay tuned to Coinstore\u2019s official channels for the latest participation details and updates.<\/p>\n<p><strong>Connecting Payments, Remittance and Giving Through One Platform<\/strong><\/p>\n<p>Built around Islamic finance principles, ZakPay aims to provide users with transparent financial infrastructure that combines everyday payments, international remittance services, and charitable contributions through blockchain technology.<\/p>\n<p>Cross-border payments and remittance services remain essential financial tools for communities around the world. However, traditional systems can involve complex processes, limited transparency, and fragmented user experiences.<\/p>\n<p>ZakPay introduces an integrated platform built around three core functions:<\/p>\n<ul type=\"disc\">\n<li>Cross-border remittance<\/li>\n<li>Everyday card spending<\/li>\n<li>Structured charitable giving<\/li>\n<li>Through its ecosystem, users can access payment services while supporting transparent and accountable charitable distribution mechanisms built into the protocol.<\/li>\n<\/ul>\n<p><strong>ZKTC: The Utility Token Powering ZakPay<\/strong><\/p>\n<p>Zakat Coin (ZKTC) serves as the utility token within the ZakPay ecosystem.<br \/>The token is used to settle platform activity through ZakPay\u2019s settlement orchestration engine, FUSE. Each transaction generates an on-chain Settlement Instruction Record, with ZKTC consumed during the settlement process.<\/p>\n<p>Rather than relying solely on speculative demand, ZKTC\u2019s utility is designed around actual platform usage, with token activity connected to transactions taking place within the ZakPay ecosystem.<\/p>\n<p>ZKTC does not represent equity ownership, dividends, profit sharing, or any claim on the assets of any entity.<\/p>\n<p><strong>Blockchain-Based Giving Infrastructure<\/strong><\/p>\n<p>A key feature of ZakPay is the integration of charitable giving directly into its financial infrastructure.<\/p>\n<p>Through smart-contract-based Giving Contracts, a defined portion of platform activity is directed toward verified nonprofit organizations. This mechanism makes charitable distribution a built-in function of the protocol rather than an optional feature.<\/p>\n<p>To reduce exposure to cryptocurrency price volatility, charitable disbursements are settled through a stable, USDC-backed structure, helping recipients receive predictable value.<\/p>\n<p><strong>Designed Around Compliance and Islamic Finance Principles<\/strong><\/p>\n<p>ZakPay operates under a framework focused on transparency, compliance, and ethical finance.<\/p>\n<p>The platform incorporates:<\/p>\n<ul type=\"disc\">\n<li>Islamic finance oversight with scholarly review and veto authority<\/li>\n<li>FinCEN-registered money services framework<\/li>\n<li>Qualified institutional custody infrastructure<\/li>\n<\/ul>\n<p>This approach reflects ZakPay\u2019s focus on creating a financial system aligned with both blockchain transparency and Islamic finance principles.<\/p>\n<p><strong>Token Supply Linked to Real Economic Activity<\/strong><\/p>\n<p>According to the project, ZKTC circulating supply expands only through actual commerce generated within the ZakPay ecosystem.<\/p>\n<p>Rather than being adjusted through administrative decisions, token issuance is designed to correspond with real platform activity across global payment corridors.<\/p>\n<p>By connecting token circulation with usage-based settlement, ZakPay aims to create a model where blockchain infrastructure supports practical financial applications.<\/p>\n<p><strong>Round 2: Another Opportunity to Join the ZKTC Journey<\/strong><\/p>\n<p>After Round 1 surpassed its fundraising target by more than 50%, ZKTC is entering its second IEO round with a new <strong>2,000,000 USDT fundraising target<\/strong> and 2<strong>00,000,000 ZKTC allocation<\/strong>.<\/p>\n<p>With strong participation already demonstrated in the first round, Round 2 provides another opportunity for the Coinstore community to participate in the continued development of the ZakPay ecosystem.<\/p>\n<p><strong>ZKTC Round 2 IEO starts August 12, 2026, at 18:00 (UTC+8).<\/strong><\/p>\n<p>Stay tuned to Coinstore\u2019s official channels and get ready for the next round.<\/p>\n<p><strong>About Zakat Coin<\/strong><\/p>\n<p>Zakat Coin (ZKTC) is the utility token powering ZakPay, a Shariah-compliant payment and remittance platform. The ecosystem combines cross-border payments, everyday spending, and structured charitable giving through blockchain-based settlement infrastructure.<\/p>\n<p>Through its FUSE settlement engine and Giving Contracts, ZakPay aims to provide transparent financial services built around ethical finance principles, real-world utility, and accountable charitable distribution.<\/p>\n<p>Zakat Coin Official Media<\/p>\n<p><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=f3B8hJBge-hsfXGLE5Tk3g47mEEqqY0_xVGt_nZZ7ILxxrjGwPhKqy5cA6agL_pqUMayIpwQdc0CK8xyDxg_GA==\" rel=\"nofollow\" target=\"_blank\" title=\"\"><u>Website<\/u><\/a> | <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=1h00lGN5ksDQWCBneoFdjGJAONKVljBRtFaQESVvE0s7d98QFJjlXMYkMGKWhuGvf2qCa_WqUgV9z4ZVBRviKw==\" rel=\"nofollow\" target=\"_blank\" title=\"\"><u>Twitter<\/u><\/a> | <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=zzf-7aUB7Utq2KnzQJxvZQ0DskxBM0IzTFS3jqhDv1yT0q4sU-ARg6UCWYctcrzhoA7l9CeC3dH-FxP0R4ovJ_jmN8p8yVqvlKx7bCMyYvHfLh2E1CDCBmEYy33v7FVL\" rel=\"nofollow\" target=\"_blank\" title=\"\"><u>Facebook<\/u><\/a> | <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=_n9BXnm5c2WsLK-kGd0ZEMlE4QkBzuSdY8XpzY0ph8udbWIsYLqMF0SrlpNMIWH0yMq7m7CFlWrdyejj6hcvqm6Wi9uXbU9JWoopQThM_kU=\" rel=\"nofollow\" target=\"_blank\" title=\"\"><u>Instagram<\/u><\/a><\/p>\n<pre>CONTACT: Media Contact Information\r\n\r\nCoinstore PR Team\r\nsupport@coinstore.com<\/pre>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ZDFkMzE1NmUtZmEwZC00YTQzLThlODgtOWQ4M2E2NGVkMzA3LTUwMDE2MDE0NC0yMDI2LTA4LTEyLWVu\/tiny\/Coinstore.png\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>DUBAI, United Arab Emirates, Aug. 12, 2026 (GLOBE NEWSWIRE) &#8212; Following a highly successful first round, Zakat Coin ($ZKTC) is returning to Coinstore for its Second IEO Round, giving more users the opportunity to participate in the growth of the ZakPay ecosystem. The ZKTC Round 2 IEO will officially begin on August 12, 2026, at [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":32873,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[57166],"tags":[],"class_list":["post-425862","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-globenewswire"],"acf":[],"_links":{"self":[{"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/posts\/425862","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/comments?post=425862"}],"version-history":[{"count":0,"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/posts\/425862\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/media\/32873"}],"wp:attachment":[{"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/media?parent=425862"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/categories?post=425862"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/tags?post=425862"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}