April 14, 2024

Strike, a leading payment provider for the Bitcoin Lightning Network, has raised $80 million in a series B funding round led by the bitcoin-focused investing firm Ten31, per a press release.

“We believe Strike is poised to disrupt the financial services and payments landscape, enabling a more efficient, innovative, and inclusive financial experience for everyone,” said Grant Gilliam, co-founder and managing partner of Ten31.

Additionally, Washington University in St. Louis and the University of Wyoming also contributed to the fund which will be used to further Strike’s initiative to revolutionize payments for merchants, marketplaces and financial institutions.

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