ZEST PROTOCOL announced the completion of a $3.5 million seed round financing, led by TIM DRAPER, with participation from BINANCE LABS, FLOW TRADERS, TRUST MACHINES, and others. The protocol utilizes the NAKAMOTO upgrade of the Bitcoin Layer 2 stack and bridges the asset $SBTC (pegged 1:1 with Bitcoin) to create a fully native lending service on the Bitcoin network.