Bitcoin lending protocol Zest raises $3.5 million in funding
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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