Earn up to 50% APR
Boost earnings with NFTs
Play, HODL & earn more
$25M Boost for Privacy Wallet Zodl as Former ECC Team Secures Major Backing
Pulse of the market
2
Posts
2
Posters
5
Views
-
A team of former developers from has raised more than $25 million to accelerate development of the privacy-focused Zodl wallet. The group, now operating as (ZODL), was founded by former ECC CEO after the entire engineering and product team behind the wallet left the company earlier this year. The funding round includes backing from major crypto investors such as (a16z Crypto), , and .
Additional contributors include , and . ZODL says the strong backing highlights growing confidence in privacy-focused crypto infrastructure and the long-term development of the Zcash ecosystem. The new capital will primarily be used to expand the engineering team and further develop the self-custodial Zodl wallet.
