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Allium raises $40M Series B as institutions clamor for trusted blockchain data

NEW YORK: Allium, a blockchain data platform for enterprises, said Tuesday it has raised $40 million in Series B funding as financial institutions increasingly seek reliable data infrastructure to navigate the growing onchain economy.

Amplify Partners led the round, with existing investors Kleiner Perkins and Theory Ventures also participating. Amplify partner David Beyer will join Allium’s board in connection with the investment.

The funding comes as global finance accelerates onto blockchain rails, with $302 billion in stablecoins in circulation, $394 billion in onchain payments volume recorded in 2025 and $27.6 billion in tokenized financial instruments, according to industry data. But institutions have historically lacked standardized tools to operate within these systems, creating what Allium executives describe as a critical infrastructure gap.

“Every major financial workflow runs on a system of record,” said Ethan Chan, co-founder and CEO of Allium. 

“Whether it’s Bloomberg for market data, DTCC for securities settlement, or SWIFT for payment messaging, these systems underpin how global finance operates. As finance moves onchain, there’s still no shared, institutional-grade system of record, leaving institutions operating at scale without a reliable source of truth. We’re building the foundation that brings institutional-grade reliability and standardization to onchain finance.”

Allium standardizes and enriches blockchain data across more than 150 chains, offering products including Terminal, which delivers analytics through dashboards, APIs and data warehouse integrations. The company’s data is cited by government agencies and research institutions including the Federal Reserve and Stanford University.

Since its Series A, Allium has grown revenue more than 10-fold and expanded to over 150 enterprise customers across financial institutions, fintechs and government agencies, the company said. Visa built its Onchain Analytics Dashboard in collaboration with Allium’s data, giving partners real-time visibility into onchain payment flows. BCG uses Allium to power stablecoin payments research and client advisory work around digital assets.

“Onchain finance is reaching the point where infrastructure matters more than experimentation,” Beyer said. “That’s what excites us about Allium: the company’s opportunity is expanding well beyond crypto-native customers. As stablecoins, tokenized assets and agentic commerce move into the financial mainstream, every institution operating onchain will need data infrastructure it can trust.”

The shift is accelerating as AI-driven systems begin to power commerce onchain, with autonomous agents using stablecoins to make purchases, settle transactions and move funds across blockchain networks, creating additional demand for finance-ready data infrastructure.

“As onchain finance matures, institutions need trusted, standardized data to understand stablecoin flows and ecosystem activity at scale,” said Cuy Sheffield, head of crypto labs at Visa. 

“Allium helps us translate complex onchain activity into accessible, reliable insights. This gives Visa greater visibility into stablecoin and broader blockchain network usage and powers a tool our clients and partners can easily use to inform their workflows.”

Allium plans to use the new capital to scale its engineering, product and go-to-market teams. The company is hiring across all three functions as it builds what it calls the infrastructure layer for onchain finance.

Other customers include Stripe, Uniswap Foundation and Phantom.

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