On May 13, Zest, a leading protocol specifically designed for Bitcoin announced the successful completion of seed fund round of $3.5 Million.
Tim Draper’s Draper Associates has conducted the seed round with the participation of some of the most renowned industry players including Binance Labs, Flow Traders, Trust machines, Asymmetric, Gravity Fund and Hyperithm.
Zest Protocol raises $3.5m Seed round to redefine Bitcoin lending
Led by @drapervc, with participation from @BinanceLabs, @FlowTraders, @trustmachinesco, @goasymmetric and more pic.twitter.com/L1PP6hmWN6
— Zest Protocol (@ZestProtocol) May 13, 2024
Objectives of Zest Protocol
The objective of the organization is to revolutionize bitcoin lending by promoting every bitcoin holder to engage in on-chain lending markets seamlessly. In order to deliver a fully bitcoin-native lending experience, Zest Protocol aims to leverage the upcoming Stacks Nakamoto.
With the launch of sBTC, users will be able to deposit BTC t
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