Alta raises $48 million for its compliance-focused blockchain in a Series A round led by Index Ventures | Fortune
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Alta, a blockchain developer focused on compliance, has raised $48 million in a Series A round led by Index Ventures. The company, co-founded by Loong Wang and Catherine Porter, is building blockchain infrastructure designed to meet regulatory requirements. The funding will support Alta's efforts to attract institutional users who need compliance-ready blockchain tools. The raise signals continued investor appetite for crypto infrastructure despite a tougher funding environment. What to watch next is how Alta deploys the capital and whether it can convert compliance-focused positioning into enterprise adoption.
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Named in this story
Alta, Index Ventures, Loong Wang, Catherine Porter