Backed by $80 Million, Alta is Building the Infrastructure to Bring Global Banking Onchain

Brief

By Dextape Desk · November 10, 2026

Alta, a financial infrastructure company, has raised $80 million in total, including a $47.5 million Series A led by Index Ventures and $32.5 million from earlier seed funding. GV, Blackbird Ventures, Square Peg and Capital 49 also took part in the Series A. The company is building a blockchain for regulated banks and payment firms, with privacy, compliance and cross-border support built in. Its design relies on recursive zero-knowledge cryptography, letting institutions keep balances and identities private while proving transactions meet required rules. Payments platform Airwallex has chosen to build on the network, linking its payments to local fiat networks in 200 countries and 90 currencies. Alta's first product aims to free cash now locked in prefunded accounts, an estimated $4 trillion worldwide. The new capital will support blockchain development, partnerships, and growth of engineering and compliance teams.

Why it matters: The effort targets regulated banks and payment firms, aiming to bring privacy and compliance controls to onchain finance at institutional scale.

Summary by Dextape, based on reporting by CryptoPotato. Machine-written from CryptoPotato’s report and checked against it · How Dextape writes