Guavy AI Editorial TeamSentiment: 2Clout: 85

Allium Raises $40M to Fuel Blockchain Data Infrastructure Growth

Allium, a blockchain data infrastructure company based in New York, has closed a $40 million Series B funding round led by Amplify Partners. This brings the total capital raised to roughly $61.5 million.

The funds will be used to support Allium's growth and expansion into new markets. The company currently serves over 150 enterprise customers across major banks and asset managers, including Visa and BCG.

Amplify Partners' David Beyer sees artificial intelligence (AI) agent-driven blockchain payments as a key area of opportunity for Allium in the long term. 'The really, really big upside for them ultimately is the agentic piece,' he said.