According to TechFlow, the zkSync ecosystem decentralized lending protocol ZeroLend completed a $3 million seed round of financing with a valuation of $25 million. Investors included 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 Mr. Block of Curve Finance, Pranav Sharma of Woodstock, and Boxmining.
Additionally, ZeroLend plans to launch its native governance token ZERO in the first quarter of 2024.