Zeus Network completed US$8 million in financing and was valued at US$100 million
Zeus Network, a cross-chain communication network within the Solana ecosystem, has completed an $8 million financing round at a valuation of $100 million. The round was led by Mechanism Capital, with participation from OKX Ventures, Animoca Ventures, Big Brain Holdings, Lemniscap, and The Spartan Group. Angel investors, including Anatoly Yakovenko, co-founder of Solana, Muneeb Ali, co-founder of Stacks, and Andrew Kang, founder of Mechanism Capital, also participated in the round. Zeus Network founder and CEO Justin Wang stated that the financing round was conducted through a Simple Agreement for Future Tokens (SAFT).
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