Bitcoin lending protocol Zest raises 3.5 million in funding, BinanceLabs participates
Bitcoin lending protocol Zest has raised $3.5 million in a seed round led by billionaire investor Tim Draper, with participation from Binance Labs, Flow Traders, Trust Machines and others. The Zest protocol uses the Nakamoto upgrade of the Bitcoin layer 2 stack and the bridge asset sBTC (pegged 1:1 to Bitcoin) to create a lending and borrowing experience on the Bitcoin network.
Release time
2024-05-13 10:04:11