Market analysis and reports

Zest Protocol Raises $3.5M for Bitcoin Lending, Led by Tim Draper

May 13, 2024, 01:44 PM

Zest Protocol, a Bitcoin lending startup with just six employees, has successfully raised $3.5 million in a seed funding round. The round was led by billionaire investor Tim Draper, with significant contributions from Binance Labs, Flow Traders, Trust Machines, Asymmetric, and other investors. This funding is intended to enhance Zest Protocol's capabilities in allowing Bitcoin users to lend, borrow, and earn yield on their Bitcoin and related digital assets.