Bitcoin Company OpenNode Raises $20M At $220M Valuation
The payment processor will invest the round’s proceeds to expand its suite of bitcoin services.Bitcoin payments firm OpenNode closed an oversubscribed $20 million series A raise at a $220 million valuation, the company said in a press release sent to Bitcoin Magazine.“OpenNode has believed in the promise of Bitcoin and Lightning-powered payments for a long time, and demand is now growing exponentially,” OpenNode’s new head of strategy, Josh Held, said, per the release. “For the last two years, the team has been heads down building solutions that support some of the largest brands and....
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The bitcoin payment processor OpenNode just announced the close of a $20 million Series A funding round led by Twitter, UK-based Kingsway, venture investor Tim Draper, and Avon Ventures. The company now valued at $220 million focuses on building Bitcoin and Lightning Network payments infrastructure. The Adoption Of Bitcoin Payments OpenNode was funded in 2018 […]
According to the latest press release published on September 13, OpenNode is undergoing trials of using bitcoin payments along with the Central Bank of Bahrain’s Regulatory Sandbox application that is curated specifically for Fintech applications. The primary aim of OpenNode is to show the propensity of Bitcoin to improve and spur the growth of Bahrain’s […]
Fireblocks, a blockchain infrastructure firm, raised $310 million in its most recent funding round, reaching a valuation of $2 billion. The company, which specializes in the custody of digital assets, is interested in bringing traditional assets to the blockchain realm. Fireblocks expects this trend of digitalization to keep growing in the recent future. Fireblocks Raises $310 Million in Series D Funding Round Fireblocks, a custody and blockchain infrastructure company, raised $310 million in its Series D funding round. The new investment took the valuation of the company to $2.2 billion,....
Using the central bank’s fintech digital sandbox to trial bitcoin payment solutions, OpenNode will bring BTC payments to the island kingdom for the first time.
OpenNode will provide infrastructure for Launch Cart to leverage Bitcoin’s Lightning Network allowing any business on the platform to accept bitcoin as payment.