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Alta raises $80 million to build compliant onchain banking infrastructure

Alta raises $80 million to build compliant onchain banking infrastructure
AI summary

Alta, a financial infrastructure company, announced it has raised $80 million in total funding, including a $47.5 million Series A round. The capital will go toward institutional-grade blockchain infrastructure designed for privacy, compliance and global connectivity. Traders should note it as another sign of venture money flowing into onchain banking rails, though no specific token or protocol is named.

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