💸 Bolt Labs raises $1.5 million seed round to boost Lightning privacy
Dr. Ayo Akinyele, a cryptographic researcher, has announced the founding of Bolt Labs with $1.5 million in seed funding from Dekrypt Capital, Xspring, Lemniscap, and Access Ventures. Bolt Labs is developing the BOLT protocol, a Lightning layer 2 protocol for totally masking channel funds. Dr. Akinyele plans on making BOLT interoperable and is being advised by the Electronic Coin Company ($ZEC) CEO Zooko Wilcox.
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