Alta raises $48 million for its compliance-focused blockchain in Series A round led by Index Ventures

First reported by Fortune at Tue 8:00 AM · 4 outlets in all

1. Techmeme22hAlta, which is building blockchain infrastructure for banks and payment companies, raised a $47.5M Series A led by Index, bringing its total funding to $80M (Kyle Baird/The Block)
2. Crypto Briefing26hAlta raises $47.5 million Series A led by Index Ventures for compliance-first blockchainAlta's funding highlights growing institutional demand for compliant blockchain solutions, but reliance on a single partner poses risks.
3. The Defiant26hAlta Raises $47.5 Million for Bank-Focused BlockchainAirwallex plans to connect the network to local payment rails, while Alta builds privacy and institutional policy checks into settlement.
4. Fortune(subscription required)27hAlta raises $48 million for its compliance-focused blockchain in Series A round led by Index VenturesThe startup, previously known as Metal, has the close backing of Airwallex and its CEO Jack Zhang.