THE BLOCK · 2026-11-10 16:19 UTC

Alta raises $47.5 million Series A to build a blockchain for financial institutions

Alta, a startup building blockchain infrastructure for banks and payment companies, raised $47.5 million in a Series A led by Index Ventures. Total funding including $32.5 million in seed money is $80 million; GV, Blackbird Ventures, Square Peg and Capital 49 also participated. Payments company Airwallex signed on as an early partner to connect Alta's blockchain to its payment network; Alta's first product targets moving idle cash into yield-bearing tokenized assets.

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