Blast-based token distribution protocol ZAP completes $15.1 million in financing

CoinVoice has recently learned that according to The Block, ZAP, a token distribution protocol based on Blast, has completed US$15.1 million in financing, reaching a valuation of US$100 million.

The funds were raised in three recent rounds of funding, a $900,000 seed round in December, a $2.1 million private placement last month, and $12.1 million in an ongoing “treasury sale.” The “treasury sale,” similar to a node sale, offers buyers daily access to managers like the yet-to-be-launched ZAP token, and is expected to eventually raise a total of $50 million when it sells out. [Original link]