Post #11764

Zcash Open Development Lab raises $25M in Seed Funding The raise includes participation from Paradigm, a16z crypto, Winklevoss Capital, Coinbase Ventures, Cypherpunk Technologies, Maelstrom, Chapter One, Balaji Srinivasan, David Friedberg, Haseeb Qureshi, James Nicholas, and a group of leading angels across crypto and technology. ZODL was founded by Josh Swihart, former CEO of Electric Coin Company (ECC). Under his leadership, ECC launched the flagship Zcash wallet Zodl (formerly Zashi), setting a new standard for Zcash usability. Earlier this year, the entire ECC team, including the product team behind the wallet, joined Zcash Open Development Lab to continue building the primary user interface for Zcash. That work centers on developing Zodl as an open, self-custodial private financial platform designed to expand ecosystem interoperability through partnerships and bring shielded ZEC transactions to the global mainstream. 🔗zodl.com/zodl-raises-25m-in-seed-funding @TOP7ICO