Zeus Network Raises Over $8M in Funding

Zeus Network

Zeus Network, a developer of a permissionless communication layer on Solana for Bitcoin, raised over $8m in funding.

Backers included Mechanism Capital, OKX Ventures, and Solana co-founder Anatoly Yakovenko, among others.

The company intends to use the funds to expand the development of the Solana blockchain platform.

Zeus Network is a permissionless communication layer integrating Solana and Bitcoin. As a secure ecosystem, the layer ensures the security of assets on each chain through their respective protocols.

Developers can build diverse applications and services on Zeus Network, connecting Solana and Bitcoin without barriers.

The Zeus ecosystem includes:

  • Native Stake / Wrap Bitcoin with Solana DeFi Yield (Chapter APOLLO)
  • Liquidity Tranche of Bribery System (Chapter ARTEMIS)
  • Native Bitcoin Collateral Stablecoin on Solana
  • Native & Cross-Chain NFT tools between Bitcoin and Solana
  • Native & Borrow / Lending from Bitcoin layers to Solana

FinSMEs

15/04/2024