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Zcash Open Development Lab Raises Over $25 Million in Funding, with Participation from Paradigm and Others
Svmuu News: According to official reports, the Zcash Open Development Lab, founded by former Electric Coin Company CEO Josh Swihart, has raised over $25 million in funding. This round was led by Paradigm,a16z crypto, Winklevoss Capital, Coinbase Ventures, Cypherpunk Technologies, Maelstrom, Chapter One, Balaji Srinivasan, David Friedberg, Haseeb Qureshi, and James Nicholas. The core mission of the Zcash Open Development Lab is to develop an open, self-hosted private financial platform aimed at expanding ecosystem interoperability through collaboration and bringing secure ZEC transactions to mainstream global markets. Development of the Zcash protocol remains the core focus of ZODL.
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