Concentric fund Timechain has invested in Breez, whose mission is to bring Bitcoin payments to every app. The $5M round included participation from Ego Death Capital, Entrée Capital and Plan B.

Jeff Booth, general partner at ego death capital, added: “Breez is breaking down barriers and providing the tools needed to build a world powered by permissionless peer-to-peer payments. Their work has been essential to manifest bitcoin’s importance as a medium of exchange, and we’re excited to continue to support them on this journey.”

Developers can look forward to Breez supporting new Lightning standards, including BOLT 12, to bring bitcoin payments directly to browsers through WebAssembly and improving the multi-device, multi-app support of the SDK with a real-time synchronization service.

Breez is also preparing to launch Misty Breez, a new reference app built on the nodeless implementation, showcasing how easy the Lightning UX can be for end-users using our SDK. In addition to these initiatives, we’re exploring new technologies to further enhance the SDK and set new standards for peer-to-peer payments.

Linked in update