River’s Lightning service is the backbone for Chivo Wallet in El Salvador and removes the need for developers to have their own Lightning infrastructure.
The funding round led by Ten31, Washington University and the University of Wyoming enables Strike to expand its products and acquire new business partners.
The organization is moving part-time developers to full-time, reorganizing leadership for Bitcoin projects, and onboarding new developers into the ecosystem.
The Lightning accelerator, Wolf, will be based in Manhattan, New York and is exclusively non-remote. It will include mentorship, funding and work space.