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 | 57.6% | 88 | $23 109.54 | 1.95% | 2.34% | $445 426 484 270 | ||
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Ethereum predictions | 59.6% | 85 | $1 598.12 | 2.07% | -3.41% | $195 567 528 598 | ||
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Tether predictions | 94% | 1 | $1.000161 | 0% | 0% | $67 515 300 251 | ||
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Binance Coin predictions | 64.4% | 72 | $307.82 | 2.42% | 1.08% | $48 605 202 962 | ||
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USD Coin predictions | 94% | 1 | $1.000117 | 0.02% | 0.01% | $43 072 004 172 | ||
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XRP predictions | 61.6% | 74 | $0.412770 | 2.87% | 0.60% | $20 970 186 547 | ||
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Binance USD predictions | 96% | 1 | $1.000073 | 0% | -0.01% | $15 799 582 881 | ||
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Cardano predictions | 62.8% | 79 | $0.393130 | 6.05% | 8.64% | $13 596 367 597 | ||
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Dogecoin predictions | 61.2% | 75 | $0.087877 | 3.77% | 1.98% | $11 658 714 056 | ||
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Lido stETH predictions | 90.8% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 | ||
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Polygon predictions | 61.6% | 78 | $1.15 | 7.05% | 11.90% | $10 049 918 027 | ||
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Solana predictions | 60.4% | 90 | $24.65 | 4.19% | -1.01% | $9 158 478 306 | ||
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Polkadot predictions | 56.8% | 87 | $6.59 | 4.05% | 5.22% | $7 587 678 509 | ||
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Avalanche predictions | 59.2% | 92 | $20.83 | 17.97% | 19.53% | $6 556 283 286 | ||
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Wrapped TRON predictions | 64.8% | 70 | $0.063736 | 3.91% | 2.44% | $6 480 392 391 |
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