According to Foresight News, The Block reported that the Blast-based token distribution protocol ZAP has completed $15.1 million in financing, reaching a valuation of $100 million. The funds were raised in three recent rounds of financing, including a $900,000 seed round in December last year, a $2.1 million private placement last month, and $12.1 million in the ongoing "treasury sale." The "treasury sale" is similar to a node sale, providing buyers with managers such as ZAP tokens that have not yet been launched every day. When sold out, it is expected to eventually raise a total of $50 million.