Zebec Network Raises $7 Million in Public Sale Financing on March 16, 2022

According to industry reports, Zebec Network completed a $7 million public sale financing round on March 16, 2022. Following this transaction, the total amount raised by Zebec Network reached $36.5 million.Zebec Network is a real-time streaming payment protocol built on the Solana platform. The protocol offers continuous, real-time fund flows, enabling applications across payments, payroll, and investment scenarios. The platform supports payroll disbursements in various stablecoins, including USDC. Additionally, Zebec Network provides automated dollar-cost averaging (DCA), cryptocurrency IRA and 401(k) accounts, yield farming, multi-signature treasury management, and internal fiat on/off ramp services.Public records indicate that Zebec Network's development began in November 2021, when it secured $6 million in seed funding. This was followed by a $15 million Series A round in February 2022 and the subsequent public sale in March of the same year. Notably, Zebec Network's token ZBCN has been listed on major exchanges, marking a significant milestone in the project's growth. Most recently, in March 2024, the project rebranded from Zebec Protocol to Zebec Network, demonstrating its ongoing commitment to innovation and development within the payment protocol sector.