CryptoMedium•10 November 2026•
1 min read
Alta Raises $48M to Develop Regulatory-Compliant Blockchain Network
Key Facts
1Startup Alta raised $48 million in a Series A funding round led by Index Ventures.
2The company, formerly known as Metal, focuses on building a blockchain network compliant with regulatory standards.
The startup Alta raised $48 million in a Series A funding round led by Index Ventures. Fortune reported that the company, formerly known as Metal, is focusing on building a blockchain network compliant with global regulatory standards.
The funding aims to support the development of blockchain infrastructure specifically designed to meet the compliance requirements of financial institutions. The round included participation from Airwallex and Jack Zhang, signaling institutional interest in compliant decentralized finance solutions.