Alta secures $80M for compliance-first blockchain for banks
7 Investments Alta raised $80M to build a compliance-focused Layer 1 blockchain for banks, with privacy and regulatory controls, backed by Index Ventures and Airwallex.
Alta, a financial infrastructure startup, has raised $80 million in total funding, including a $47.5 million Series A led by Index Ventures, with participation from GV, Blackbird Ventures, Square Peg, and Capital49. The company is building a Layer 1 blockchain platform tailored for banks and financial institutions, emphasizing built-in privacy, compliance, and programmable policy enforcement. Alta’s infrastructure is designed to enable instant, global, and compliant movement of financial assets, supporting transactions across multiple assets, blockchains, and jurisdictions. Strategic backing from Airwallex, which also acts as a distribution partner, will help connect Alta’s blockchain to global payment networks in over 200 countries. The new funding will be used to advance technology development, expand financial partnerships, and grow the engineering and compliance teams. Alta aims to meet rising institutional demand for blockchain solutions that prioritize regulatory compliance and privacy, streamlining cross-border payments and enabling tokenized asset issuance for banks and large financial entities.
