Solana-based cash stream protocol Zebec announced Tuesday that it has raised $15 million in its Series A funding round led by Solana Ventures and Distributed Global. Founded in 2021, Zebec Protocol claims to be the first programmable cash flow protocol on Solana. It offers continuous, real-time settlement of financial transactions such as payroll, investments, and more. With the latest funding, the company plans to expand its user base and scale its protocol.
Solana Ventures and Distributed Global, several venture capitalists, and companies participated in the round, including Lightspeed Venture Partners, Circle, Coinbase, Alameda Research, OKX Blockdream Ventures, DST Global Partners, Road Ventures, and more.
Sam Thapaliya, founder of Zebec, said in the announcement: “Despite all of the promise of decentralized finance and Web3, most organizations are still relying on Web2-style payments or, at best, one time wallet transfers. We’ve built a DeFi native solution for instant, seamless and continuous money streams and we think Zebec will be the future model for on-chain payments.”
The latest funding round comes a few months after Zebec closed its $6 million seed round led by Republic Capital.
# | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
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Bitcoin predictions | 92% | 10 | $26 795.30 | -1.36% | 2.07% | $519 550 963 732 | ||
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Ethereum predictions | 89.6% | 5 | $1 855.30 | -0.68% | 4.03% | $223 091 132 972 | ||
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Tether predictions | 94.8% | 1 | $1.000070 | -0.02% | 0.04% | $83 228 157 289 | ||
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Binance Coin predictions | 92% | 1 | $304.07 | -1.02% | -0.32% | $47 391 548 272 | ||
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USD Coin predictions | 94.4% | 1 | $0.999917 | 0% | 0% | $28 877 834 153 | ||
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XRP predictions | 76.8% | 37 | $0.503687 | -2.72% | 11.69% | $26 183 341 057 | ||
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Cardano predictions | 90.4% | 10 | $0.364990 | -2.77% | 2.11% | $12 732 185 756 | ||
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Lido stETH predictions | 95.6% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 | ||
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Dogecoin predictions | 85.6% | 17 | $0.071604 | -0.15% | 1.28% | $9 994 725 958 | ||
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Polygon predictions | 79.2% | 35 | $0.890700 | 0.61% | 1.11% | $8 265 225 629 | ||
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Solana predictions | 80% | 29 | $20.63 | -0.38% | 6.29% | $8 181 142 803 | ||
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Wrapped TRON predictions | 80.4% | 37 | $0.075112 | -0.91% | -3.17% | $7 637 085 316 | ||
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TRON predictions | 77.6% | 35 | $0.074972 | -0.93% | -3.42% | $6 764 359 015 | ||
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Litecoin predictions | 81.2% | 38 | $92.17 | 3.12% | 9.02% | $6 733 122 416 | ||
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Polkadot predictions | 90.8% | 10 | $5.23 | -2.08% | -0.41% | $6 218 421 186 |
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