Continuous Settlement Protocol Zebec Protocol Closed $28 Million in Funding via Token Sale with Alameda Research and Others

Zebec Protocol ($ZBC), a continuous settlement protocol on Solana, closed $28 million in public and private token sale with $21 million in private round from Circle, Coinbase, Solana Ventures, Lightspeed Venture and Alameda Research, and a $7 million public token sale in partnership with Republic at a price of $0.021 per token. In addition, Zebec plans to offer staking rewards to token holders and incentives to builders on the platform. Zebec is a cash flow protocol that supports sending funds in real-time and continuous payments that can be used in payroll, investment, and other scenarios. Previously, Zebec closed $6 million in funding last November.