ZODL raises $25M seed funding to continue Zcash development

Zcash (Electric Coin Co / Zcash Foundation / ZODL)/Zcash shielded network

Zcash Open Development Lab (ZODL), formed by the former Electric Coin Company team, raised $25 million in seed funding led by Paradigm, a16z crypto, and Winklevoss Capital. Funding will support continued Zcash protocol development and Zodl wallet expansion.