Galoy Raises $3m Seed Round To Help Communities And Institutions Use Bitcoin As Money

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The Street

By PR Newswire Craft Ventures is joined by Kingsway Capital, Trammel Venture Partners and Balaji Srinivasan to accelerate Lightning Network adoption through the Galoy open source Bitcoin banking platform. MIAMI, Dec. 15, 2021 /PRNewswire/ — Galoy, developer of Bitcoin banking software and creator of the Bitcoin Beach Wallet in El Salvador, has closed a $3 million dollar seed round. The suite of Galoy solutions enables any community, company or government to offer banking services using Bitcoin and Lightning. Co-Founder and CEO Nicolas Burtey believes Bitcoin is the base layer for the financia…

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