The round was led by Ten31 and joined by Washington University in St. Louis, the University of Wyoming, and other investors, with participation from existing investors. The capital will be used to drive Strike's efforts to revolutionize payments for the largest merchants, marketplaces, and financial institutions in the payments industry.

Strike enables cheaper, faster, global, cash-final payments for both businesses and consumers. Strike is built on top of the Bitcoin network - the largest global, interoperable, and open payments standard. Strike believes that open payment networks enable universal participation in the financial system, with truly borderless money transfers, cheaper payment processing, and new payment experiences previously impossible with legacy technology.