Crypto blockchain data startup Allium raises $40 million in a Series B funding round to expand its blockchain data infrastructure and analytics services for institutional clients. Fortune reports the round is led by Amplify Partners, with additional participation from investors including Kleiner Perkins and Theory Ventures. The funding is intended to support products that help financial and other large institutions manage and use blockchain data for analytics and related workflows.
The Block notes that Allium’s customers include institutional organizations such as Visa and the U.S. Federal Reserve, indicating growing demand among traditional finance and public-sector institutions for onchain analytics capabilities. Across the reports, both sources describe the same round size and the same focus on serving institutional clients, while also emphasizing investor participation and the scale of the funding.
The announcements do not provide additional details in the provided excerpts about specific product releases, timelines for deployment, or the allocation of funds beyond general expansion of infrastructure and tooling.
