TechFlow News, according to CoinDesk, ZeroLend, a decentralized lending protocol in the zkSync ecosystem, has raised $3 million in a seed round at a $25 million valuation. The funding was led by 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, along with angel investors including Mr.Block 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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