Allium Raises $40 Million to Help Enterprises Embrace the Blockchain

What's happening

Allium, an enterprise-focused blockchain data platform, has closed a $40 million Series B round led by Amplify Partners, with Kleiner Perkins and Theory Ventures returning as existing investors. Amplify partner David Beyer will join Allium's board as part of the investment. The raise comes as on-chain activity grows, with reporters noting recent figures such as $302 billion in stablecoins, $394 billion in on-chain payments volume last year, and $27.6 billion (snippet cut off) in related flows, and Allium says it will use the capital to accelerate its blockchain data analysis and enterprise offerings.

Why it's trending

Funding and a board-level hire signal investor conviction as global finance accelerates migration onto blockchain rails and on-chain volumes scale.

SignalNewly emerging, confirmed across 1 independent source type.