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Zest Protocol, a bitcoin lending startup with only six employees, has successfully raised $3.5 million in a seed funding round. The funding round was led by billionaire investor Tim Draper, with participation from Binance Labs, Flow Traders, Trust Machines, Asymmetric, and BTC Frontier Fund. The funds will be used to enable Bitcoin holders to deploy their assets on-chain and generate yield. Zest Protocol aims to redefine Bitcoin lending by providing a transparent and permissionless platform for lending and borrowing native BTC on the Stacks blockchain.
🛩 @TimDraper led @ZestProtocol fund raise amounting to $3.5M! 🛩 #ZestProtocol is a lending protocol for #Bitcoin aiming to redefine Bitcoin lending and create a vibrant borrowing and lending ecosystem around $BTC 🔽 VISIT https://t.co/EZMH7RBuee #Definews https://t.co/wZ8E8i1ih9
UPDATE: Zest Protocol raises $3.5M in seed funding to transform Bitcoin lending. The funding is led by Tim Draper with Binance Labs & others onboard. More details…↓ #Bitcoin #BinanceLabs (By: @ComposableD) https://t.co/wug3DU0gSF
.@ZestProtocol has raised $3.5 million to enable $BTC holders to deploy their assets on-chain and generate yield. https://t.co/WDlPLlwGRE
