{"id":67780,"date":"2022-09-28T09:45:28","date_gmt":"2022-09-28T06:45:28","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=67780"},"modified":"2025-09-07T08:29:05","modified_gmt":"2025-09-07T05:29:05","slug":"strike-raises-80-million-from-ten31-and-other-investors","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/strike-raises-80-million-from-ten31-and-other-investors\/","title":{"rendered":"Strike raises $80 million from Ten31 and other investors"},"content":{"rendered":"<p>Strike, the Lightning Network-based payments app operator, has closed a Series B funding round of $80 million. According to a <a href=\"https:\/\/www.businesswire.com\/news\/home\/20220927005786\/en\/Bitcoin-Lightning-Network-Leader-Strike-Raises-80-Million-Funding-Round-to-Revolutionize-Payments-for-Merchants-and-Consumers-Globally\">press release<\/a>.<\/p>\n<p>Lead investor was the venture firm Ten31. The funding was also provided by the University of Washington in St. Louis and the University of Wyoming.<\/p>\n<p>The funds raised will be directed toward expanding partnerships, scaling the business and supporting efforts to improve payments.<\/p>\n<p>In particular, the operator plans to launch a new line of products and develop an <span data-descr=\"application programming interface\" class=\"old_tooltip\">API<\/span>. The latter is already integrated with platforms such as Blackhawk, NCR and <a href=\"https:\/\/forklog.com\/en\/news\/shopify-to-integrate-lightning-network-via-strike-partnerships\">Shopify<\/a>.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cStrike and Ten31 share a common vision of the positive impact Bitcoin can have on the world, and they are united in accelerating its adoption,\u201d said Grant Gilliam, co-founder of the venture firm.<\/p>\n<\/blockquote>\n<p>In 2021, Strike added in-app salary-to-Bitcoin conversion for US users.<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news on our <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Strike, the Lightning Network-based payments app operator, has closed a Series B funding round of $80 million. According to a press release.<\/p>\n","protected":false},"author":1,"featured_media":67781,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[325,1804,1133],"class_list":["post-67780","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-lightning-network","tag-strike","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/67780","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=67780"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/67780\/revisions"}],"predecessor-version":[{"id":67782,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/67780\/revisions\/67782"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/67781"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=67780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=67780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=67780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}