Legendary billionaire venture capitalist, Tim Draper, has reportedly invested $1.25 million in OpenNode, a bitcoin (BTC) payment processing service provider. The seed round for OpenNode was announced on Tuesday (December 18th) and the BTC-only payment processor revealed that the funds raised would be used to recruit more staff to help the company expand its business operations. Additionally, OpenNode’s management team will ensure that the company’s operations comply with regulatory guidelines.