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Zest Protocol has raised $3.5M in a Seed funding round backed by Binance Labs
Zest Protocol has secured $3.5M in a seed funding round led by Draper Associates. Other investors in the round include Binance Labs, Flow Traders, Asymmetric, Gravity Fund, DeSpread, Hyperithm, Elixir Capital and Trust Machines. Zest Protocol utilizes the Nakamoto upgrade by Bitcoin layer 2 Stacks and bridging asset sBTC to create a lending experience fully native to the world's largest blockchain network. Users will be able to use sBTC to send Bitcoin to fund their balance on Zest Protocol and afterwards engage in lending or other yield-generating activities.
🔗 twitter.com/ZestProtocol/status/1790015192904212549
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