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Bitcoin lending protocol Zest raises $3.5 million in funding

CointimeCointime2024/05/13 13:22
By:Cointime

The Bitcoin lending protocol Zest has raised $3.5 million. The seed round was led by billionaire investor Tim Draper, with participation from Binance Labs, Flow Traders, Trust Machines, and others. The Zest protocol uses the Nakamoto upgrade and bridging asset sBTC (pegged to Bitcoin 1:1) on the Bitcoin Layer 2 stack to create a fully native lending experience on the world's largest blockchain network.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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