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High Tech Seed Founded 2023

Zeus Network

Zeus Network is a cross-chain communication layer built on the Solana Virtual Machine (SVM) that integrates Bitcoin with the Solana ecosystem. The platform enables Bitcoin holders to put their assets to work through zBTC, a 1:1 pegged Bitcoin token that is verifiable through Proof of Reserves and accessible without KYC or centralized custodians. zBTC holders can access yield opportunities across 16-plus DeFi…

📍 Taipei, Taiwan · Blockchain Infrastructure,

Funding snapshot

Last roundSeed
Amount$29M
Date4 April 2024
Total raised$8M
Team size15

About

Zeus Network is a cross-chain communication layer built on the Solana Virtual Machine (SVM) that integrates Bitcoin with the Solana ecosystem. The platform enables Bitcoin holders to put their assets to work through zBTC, a 1:1 pegged Bitcoin token that is verifiable through Proof of Reserves and accessible without KYC or centralized custodians. zBTC holders can access yield opportunities across 16-plus DeFi protocols, borrow liquidity, and power decentralized finance applications while maintaining custody. Zeus extends Bitcoin liquidity across multiple chains including Solana, Ethereum, Base, and Sonic. The platform provides developer tools such as BitcoinKit, empowering builders to create next-generation BTCFi applications. The infrastructure operates through a tokenization and redemption mechanism using EDRA (Bitcoin addresses derived from Solana public keys and Guardian public keys via MPC). Founded in 2023 and headquartered in Taipei, Taiwan, Zeus Network has raised $8.0M in seed funding from investors including Mechanism Capital, OKX, Utxo Management, ANAGRAM, Portal Ventures, Big Brain Holdings, Lemniscap, Spartan Group, Animoca Brands, and AppWorks.

Business model

Blockchain Infrastructure > Middleware > Cross Chain > DeFi

Institutional investors

Mechanism Capital OKX Utxo Management ANAGRAM Portal ventures Big Brain Holdings Comma3 Ventures Axia8 Ventures Lemniscap Spartan Group Infinity Ventures Crypto AppWorks Rubik Ventures CV VC BlockBuilders

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