Lightning Startup Zap Raised $3.5M for Bitcoin App Ahead of Visa Deal
The Lightning startup Zap Inc. just raised its first round to build out both mobile bitcoin wallet services and a Visa partnership in 2020.
The tight end's tenure in Kansas City ended before it even began.
The fifth-year player will use Zap’s Strike to take his entire base salary of $920,000 in what Culkin said was “the hardest form of currency.”
An emotional Jack Mallers announced the news at the Bitcoin 2021 conference in Miami.
Visa partner Strike is adding support for multiple fiat currency pairs plus stablecoins as part of its journey to become a “Bitcoin neo-bank.”
Okung’s $13 million salary is being split 50-50 between bitcoin and fiat by way of Zap’s Strike product.