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ACINQ
ACINQ is a technology company specializing in Bitcoin scalability solutions. They are a key contributor to the development of the Lightning Network, an open-standard, second-layer solution for instant Bitcoin payments. Their products include the Phoenix Wallet and the ACINQ Node.
Distributed
Description
ACINQ is a leading technology company focused on Bitcoin scalability. They are actively involved in building an open standard for the Lightning Network, a scalable instant payment network for the Bitcoin blockchain. Their product suite, based on the Eclair stack, includes the Phoenix Wallet, a self-custodial Bitcoin wallet with native Lightning support; Phoenixd, a minimal, specialized Lightning Network node for sending and receiving payments; and the ACINQ Node, which is described as the best-connected node on the Lightning Network. The company has secured significant funding, including an $8M round in 2019, to grow its team, improve the Lightning protocol, and expand its operations as a major operator and liquidity provider.Grant Funding
VC Funding
None
2018
2019
$0
$9.7M