Encrypted startup Bolt Labs receives $1.5 million in seed round investment

On April 17th, academic researcher AyoAkinyele announced the establishment of Bolt Labs, which aims to provide lightning center shielding addresses for anonymous payment channels. The startup received a $1.5 million seed round investment led by Dekrypt Capital and Ripple investment divisions Xpring, Lemniscap and Access Ventures. It is reported that Akinyele is researching an encryption solution to improve the privacy of the second-tier blockchain solution, such as Bitcoin's lightning network.