zkSync ecological DeFi protocol ZeroLend completed a US$3 million seed round of financing, with GBV and others participating in the investment

zkSync decentralized lending protocol ZeroLend announced the completion of a $3 million seed round financing at a valuation of $25 million. Participants in the funding round 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.

It is reported that ZeroLend will launch its native governance token ZERO in the first quarter of 2024.