Centralized lending protocol ZeroLend announced it has received $3 million in seed round financing, with participation from Momentum 6 and Blockchain

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Cointime2024/02/21 02:08

By:Cointime

ZeroLend, a decentralized lending protocol in the zkSync ecosystem, announced that it has raised $3 million in seed funding at a valuation of $25 million. Investors include Momentum 6, Blockchain Founders Fund, Morning Star Ventures, Banter Capital, Newman Capital, dVdT, Transform Capital, Cypher Capital, Bison Fund, Ozaru Ventures, iAngels, Krypital, Genblock, viaBTC, GBV and Asteroid Capital, as well as angel investors such as MrBlock from Curve Finance, Pranav Sharma from Woodstock, and Boxmining.In addition, ZeroLend plans to launch its native governance token, ZERO, in the first quarter of 2024.

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