Billionaire investor Tim Draper led a $3.5M funding round for Zest Protocol, a bitcoin lending startup.

Billionaire investor Tim Draper led a $3.5M funding round for Zest Protocol, a six-employee bitcoin lending startup. Venture capital firm Draper Associates and Binance Labs participated, showing confidence in the crypto lending industry despite a US SEC crackdown. Zest Protocol operates as a decentralized platform, enabling peer-to-peer transactions without intermediaries and allowing users to lend or borrow bitcoin for passive income.