Zest Raises $3.5M with Tim Draper Leading for On-Chain Bitcoin Lending Using Stacks

Monday, 13 May 2024, 13:00

Zest successfully raised $3.5 million in a seed funding round led by renowned investor Tim Draper, supported by key players Binance Labs, Flow Traders, Trust Machines, and more. The funding indicates growing confidence in Zest's innovative approach to on-chain Bitcoin lending with Stacks. This significant investment positions Zest for accelerated growth and market penetration in the cryptocurrency lending space.
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Zest Raises $3.5M with Tim Draper Leading for On-Chain Bitcoin Lending Using Stacks

Zest Secures $3.5M Investment for On-Chain Bitcoin Lending

The recent funding round of $3.5 million for Zest was spearheaded by Tim Draper, a prominent investor known for strategic insights and bold investments in the financial sector. The backing from Binance Labs, Flow Traders, Trust Machines, and other investors further solidifies Zest's position as a key player in the cryptocurrency lending market. The success of this round underscores increasing interest in on-chain Bitcoin lending solutions using Stacks technology.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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