SF based blockchain protocol startup raised $70m in Series B funding led by Valor Equity Partners.
“Taro will bring interoperability between assets like USD stablecoins and BTC to the many places Lightning is already in use today such as across emerging markets, including El Salvador which recently made bitcoin legal tender, as well as video games, major exchanges, tipping on Twitter, and more.”
https://bitcoinmagazine.com/business/lightning-labs-announces-70-million-series-b-raise