OpenNode, a bitcoin payment processor and infrastructure provider, introduced as we speak it has closed a $20 million Sequence A funding spherical. UK-based Kingsway led the spherical, which additionally included Twitter, Tim Draper, and Avon Ventures, a enterprise capital fund affiliated with the dad or mum firm of Constancy Investments.
Following this Sequence A funding spherical, OpenNode will be capable to broaden its providers and develop its group. Over the course of the following few weeks and months, OpenNode plans on introducing new product options, partnerships, and shoppers that may drive the adoption of its bitcoin funds answer.
“For the final two years, the group has been heads-down constructing options that assist a few of the largest manufacturers and companies on this planet as we speak. This Sequence A funding is the following step in serving to the corporate to comprehend our mission of creating bitcoin funds easy and accessible for everybody, all over the place.”
– Josh Held, new Head of Strategy at OpenNode