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Builders in Fintech

Alta secures $47.5m Series A for privacy-focused institutional blockchain

Alta, which builds blockchain infrastructure for regulated institutions, closed a $47.5m Series A led by Index Ventures, bringing total funding to $80m. Airwallex will build on the network. The first product targets liquidity management, aiming to reduce cash held in prefunded accounts through tokenised assets.

By Builders in Fintech deskAutomated summary

Alta secures $47.5m Series A for privacy-focused institutional blockchain
Image: fintech.global

Alta, which builds blockchain infrastructure for regulated institutions, closed a $47.5m Series A led by Index Ventures, bringing total funding to $80m. Airwallex will build on the network. The first product targets liquidity management, aiming to reduce cash held in prefunded accounts through tokenised assets.

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