Giggles has successfully raised $1.2 million in a pre-seed funding round. According to Odaily, the investment was led by 1kx Capital, Virtuals Protocol, and Social Graph Ventures, with participation from angel investors associated with OpenAI and Bain Capital.
Giggles is described as a social application similar to TikTok, allowing users to 'trade' content by integrating information dissemination with market mechanisms. The project launched its beta version in August 2025, attracting approximately 150,000 users who have engaged in content trading across about 10,000 videos. Currently, there is a waiting list of 400,000 people, and the platform plans to officially launch in the United States soon.