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Venture Capital News: OpenNode Closes $20M Series A

2022-02-11
LOS ANGELES, CA, OpenNode, an industry-leading bitcoin payment processor, has closed an oversubscribed $20M Series A raise led by Kingsway.
OpenNode, an industry-leading bitcoin payment processor and infrastructure provider, announces the close of an oversubscribed $20M Series A raise at a $220M valuation led by UK-based firm Kingsway and with additional investment from Twitter, Tim Draper, and Avon Ventures, a venture capital fund affiliated with the parent company of Fidelity Investments.

OpenNode is focused on building Bitcoin and Lightning Network payments infrastructure that will catalyze Bitcoin's global adoption.
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