TechFlow news, March 16 — Zebec, a streaming payments protocol built on the Solana blockchain, has raised $28 million through public and private token sales and launched its token ZBC. The private sale of $21 million included investors such as Circle, Coinbase, Solana Ventures, Lightspeed Venture Partners, and Alameda Research, while the additional $7 million in public token sales was completed in collaboration with Republic. The Zebec protocol enables real-time, continuous fund flows for financial transactions including salaries, payments, investments, and purchases. Its core solution, Zebec Payroll, allows employees to be paid in USDC and other stablecoins. ZBC will serve as the governance token for the Zebec decentralized autonomous organization (DAO). Zebec also plans to offer staking rewards for ZBC holders and incentives for developers building on the protocol. (coindesk)
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