Zest Protocol Raises $3.5M in Seed Funding for Bitcoin Lending Protocol Expansion

Zest Protocol, a company based in George Town, Cayman Islands, has raised $3.5 million in Seed funding. The funding round was led by Draper Associates, with participation from Binance Labs, Trust Machines, and other investors. The company plans to use the funds to expand its operations and development efforts. Zest Protocol uses Stacks Nakamoto and sBTC blockchain upgrades to create a fully Bitcoin native lending experience, and its lending infrastructure is currently live on Stacks mainnet with Stacks market.