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Zcash Open Development Lab raises $25 million from leading crypto investors Paradigm, a16z and others

From theblock.co

Zcash Open Development Lab (ZODL), the startup formed following the mass exodus of Electric Coin Company cryptographers and employees following a board dispute, has raised $25 million in seed funding, according to an announcement on Monday. The round included backing from Paradigm, a16z crypto, Winklevoss Capital, Coinbase Ventures, Cypherpunk Technologies, Chapter One and Arthur Hayes’ Maelstrom. Other individual investors include Balaji Srinivasan, David Friedberg, Haseeb Qureshi, Mert, and other “leading angels across crypto and technology.” ZODL oversees the open-source Zodl Zcash wallet, formerly known as Zashi ... (full story)

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