The Cryptography Payment Center based in Tazos, Lyzi, said it raised 1.3 million euros ($ 1.4 million) in a round of initial funds to expand the development of its platform.
The round included the participation of Los Angels Christopher Grilhault Din Fontaines, founder of DFNS, and Jean-Luc Bernard, founder of Astek, according to an announcement sent by email shared with COINDESK on Tuesday.
Lyzi, which is based on the Layer-1 block chain, allows consumers to use cryptocurrencies to make daily payments in retail and electronic commerce environments. Merchants collect payments in cryptocurrencies and receive Fiat directly to their bank accounts.
After the increase in seed, Lyzi’s next step is the launch in layer 2 of Tazos, Etherlink, which is compatible with Virtual Machine Ethereum (EVM), the operating system of the second largest block chain in the world.
“Our goal is to accept cryptography payments so easy for merchants to ask: ‘Why wouldn’t that do that?'” Said CEO Damien Patureaux in Tuesday’s announcement.
Building in Etherlink represents the next phase of your trip to expand to more markets worldwide, he said.
