Startup Zap Raised $3.5 Million

Representatives of Zap said they raised $3.5 million in their first round of funding.

Where is this coming from?

This information was published on Zap Twitter.

https://twitter.com/JackMallers/status/1283872661324455937

Who invested?

The main investors were Morgan Creek Digital and a large fund Green Oaks Capital. Representatives of the crypto startup said they would spend this money on scaling the business.

More about Zap

Recall, the crypto startup Zap is developing wallets based on the Lightning Network protocol, which in turn significantly reduces the transaction confirmation time and reduces fees.