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

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4 outlets covering · First listed: Fortune, Nov 10, 2026, 8:00 AM · Read it: <https://fortune.com/2026/11/10/alta-series-a-airwallex/>

The startup, previously known as Metal, has the close backing of Airwallex and its CEO Jack Zhang.

## Who's covering it

In the order they published:

- Nov 10, 2026, 8:00 AM: [Alta raises $48 million for its compliance-focused blockchain in Series A round led by Index Ventures](<https://fortune.com/2026/11/10/alta-series-a-airwallex/>) — Fortune (Magazine, United States)
  The startup, previously known as Metal, has the close backing of Airwallex and its CEO Jack Zhang.
- Nov 10, 2026, 8:43 AM: [Alta Raises $47.5 Million for Bank-Focused Blockchain](<https://thedefiant.io/converge/infrastructure/alta-raises-47-5-million-for-bank-focused-blockchain>) — The Defiant (Specialist)
  Airwallex plans to connect the network to local payment rails, while Alta builds privacy and institutional policy checks into settlement.
- Nov 10, 2026, 8:52 AM: [Alta raises $47.5 million Series A led by Index Ventures for compliance-first blockchain](<https://cryptobriefing.com/alta-raises-series-a-index-ventures/>) — Crypto Briefing (Specialist)
  Alta's funding highlights growing institutional demand for compliant blockchain solutions, but reliance on a single partner poses risks.
- Nov 10, 2026, 12:35 PM: [Alta, 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)](<https://www.techmeme.com/261110/p40>) — Techmeme (Aggregator, United States)