Bitcoin Company OpenNode Raises $20M At $220M Valuation Today

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Bitcoin payments firm OpenNode closed an oversubscribed $20 million series A raise at a $220 million valuation, the company said in a press release sent to Bitcoin Magazine.

“OpenNode has believed in the promise of Bitcoin and Lightning-powered payments for a long time, and demand is now growing exponentially,” OpenNode’s new head of strategy, Josh Held, said, per the release. “For the last two years, the team has been heads down building solutions that support some of the largest brands and businesses in the world today. This Series A funding is the next step in helping the company to realize our mission of making bitcoin payments simple and accessible for everyone, everywhere.”

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