Lyzi Raises $1.4M to Expand Tezos-Based Retail, E-Commerce Crypto Payments Service
04/08/2025 19:27
The round included participation from angels investors Christopher Grilhault des Fontaines, founder of Dfns, and Jean-Luc Bernard, founder of Astek
The round included participation from angels investors Christopher Grilhault des Fontaines, founder of Dfns, and Jean-Luc Bernard, founder of Astek
Apr 8, 2025, 12:00 p.m.
Tezos-based crypto payment hub Lyzi said it raised 1.3 million euros ($1.4 million) in a seed funding round to expand the development of its platform.
The round included participation from angels investors Christopher Grilhault des Fontaines, founder of Dfns, and Jean-Luc Bernard, founder of Astek, according to an emailed announcement shared with CoinDesk on Tuesday.
Lyzi, which is built on the Tezos layer-1 blockchain, allows consumers to use cryptocurrency to make everyday payments in retail and e-commerce environments. Merchants collect payments in cryptocurrency and receive fiat directly to their bank accounts.
Following the seed raise, Lyzi's next step is launch on Tezos' layer-2, Etherlink, which is compatible with Ethereum Virtual Machine (EVM), the operating system of the world's second-largest blockchain.
“Our goal is to make accepting payments in crypto so easy that merchants have to ask themselves, 'Why wouldn’t I do that?'" CEO Damien Patureaux said in Tuesday's announcement.
Building on Etherlink represents the next phase of its journey to expand to more markets around the world, he said.
Jamie Crawley
Jamie has been part of CoinDesk's news team since February 2021, focusing on breaking news, Bitcoin tech and protocols and crypto VC. He holds BTC, ETH and DOGE.