Alta, a San Francisco-based financial infrastructure company, announced on November 10, 2026 that it has raised $80 million in total funding to build institutional-grade blockchain infrastructure for global finance. The financing includes a $47.5 million Series A led by Index Ventures, with participation from GV (Google Ventures), Blackbird Ventures, Square Peg, and Capital 49, following $32.5 million in seed financing.
Alta is developing a blockchain designed specifically for regulated financial institutions, embedding privacy, programmable compliance, identity, and authorization directly into the network. The platform uses recursive zero-knowledge cryptography to keep balances, transactions, identities, and compliance policies confidential while verifying that transfers meet required rules. The company says this approach addresses the limitations of existing blockchains, which were not built for the privacy and compliance demands of global banks and payment providers.
CEO and co-founder Loong Wang emphasized that existing blockchains are not designed for global financial institutions. He said Alta is taking a fundamentally different approach by building privacy, programmable compliance, and identity and authorization directly into the blockchain, enabling money and assets to move instantly, globally, and securely, whether a bank is settling a transaction or an AI agent is making a payment.
Alta estimates that around $4 trillion is tied up in prefunded accounts globally because cross-border money movement can take days and institutions must maintain cash buffers across jurisdictions. The company aims to combine instant settlement with global payment connectivity, foreign exchange, and treasury management. Its first product will help businesses manage liquidity more efficiently and reduce cash buffers through tokenized assets, enabling just-in-time funding and easier movement into yield-bearing tokenized assets.
Leading financial platform Airwallex has chosen to build on Alta. The collaboration will connect Airwallex's global payments infrastructure with Alta's blockchain, supporting stablecoin pay-ins and pay-outs as well as connectivity to local fiat payment networks across 200 countries and 90 currencies. Jack Zhang, co-founder of Alta and co-founder/CEO of Airwallex, said stablecoins are becoming an important vector for settlement and financial institutions need private, neutral, regulated blockchain infrastructure connected to global fiat rails.
The new funding will support development of Alta's blockchain infrastructure, expansion of institutional partnerships and global financial connectivity, and growth of its engineering and compliance teams.
