🌐 Alta Raises $47.5M Series A for Bank-Grade Blockchain
Alta, a San Francisco-based financial infrastructure company, has closed a $47.5 million Series A, bringing its total funding to $80 million. The company is building institutional-grade blockchain infrastructure designed for privacy, compliance, and global connectivity.
Fintech firm Airwallex plans to connect Alta's network to local payment rails. Alta is building privacy features and institutional policy checks directly into its settlement layer, targeting banks and regulated financial institutions as its primary users.
The raise signals continued institutional appetite for compliant blockchain infrastructure as traditional finance seeks on-chain settlement solutions.
📈Crypto_whales