Blockchain startup Alta has raised $47.5 million in a Series A funding round led by Index Ventures to develop payment infrastructure for banks and financial institutions, bringing its total funding to $80 million.
Summary
- Alta raised $47.5 million in a Series A funding round led by Index Ventures, bringing its total funding to $80 million as it develops blockchain infrastructure for banks and financial institutions.
- Alta is developing a Layer 1 blockchain with built in privacy and compliance features that allow financial institutions to control transactions and protect sensitive customer information.
- Airwallex plans to integrate its global payments infrastructure with Alta,…
