Key Takeaways
- • Allium closed a $40 million Series B funding round led by Amplify Partners, with participation from existing investors Kleiner Perkins and Theory Ventures, bringing total funding to approximately $61.5 million.
- • The blockchain data infrastructure startup converts raw, unstructured data from over 150 blockchains into standardized, institutional-grade information for banks and payment companies.
- • Institutional blockchain adoption is accelerating: stablecoin circulation exceeded $302 billion, $394 billion in payments moved across blockchain networks in 2025, and $27.6 billion in traditional financial assets have been tokenized.
- • Allium's research indicates that less than 20% of stablecoin transfer volume reflects genuine economic activity, with the remainder attributed to bot activity and automated routing—highlighting the critical need for data standardization and verification infrastructure.
- • CEO Ethan Chan positions Allium as providing the "system of record" that financial institutions require as mainstream finance migrates to public blockchain networks.
Summary
Allium, a New York-based blockchain data infrastructure company, has secured $40 million in Series B funding led by Amplify Partners, with continued participation from Kleiner Perkins and Theory Ventures. The round brings the company's total funding to approximately $61.5 million and reflects growing institutional appetite for blockchain data verification tools as financial activity increasingly moves onto distributed ledger networks.
The startup addresses a critical infrastructure gap in institutional blockchain adoption. Allium transforms raw, scattered blockchain records from over 150 networks into clean, standardized data products that banks and payment companies can reliably integrate into their operations. According to CEO Ethan Chan, the company is building the "system of record" that financial institutions require as traditional finance transitions to public blockchain infrastructure. This positioning underscores a fundamental shift in how institutions are approaching blockchain integration—not as a speculative asset class, but as core payment and settlement infrastructure.
The funding announcement is supported by compelling market data demonstrating institutional blockchain adoption at scale. Stablecoin circulation has surpassed $302 billion globally, while $394 billion in payments flowed across blockchain networks during 2025. Additionally, $27.6 billion in traditional financial assets—including bonds and investment funds—have been converted into blockchain-based tokens. However, Allium's proprietary research reveals a critical data quality challenge: the company estimates that less than 20% of stablecoin transfer volume represents genuine economic activity, with the remainder generated by bots and automated routing mechanisms. This finding underscores the essential role of data standardization and verification infrastructure in enabling institutional trust and operational compliance in blockchain-based finance.
The funding validates Allium's market opportunity at a time when major financial services players are building blockchain capabilities. Notable institutional deployments include stablecoin dashboards developed by Visa and Boston Consulting Group using Allium's data platform. The company's ability to aggregate and standardize information across fragmented blockchain ecosystems positions it as foundational infrastructure for institutional blockchain adoption—particularly as regulatory frameworks mature and financial institutions formalize their blockchain operations.
The startup addresses a critical infrastructure gap in institutional blockchain adoption. Allium transforms raw, scattered blockchain records from over 150 networks into clean, standardized data products that banks and payment companies can reliably integrate into their operations. According to CEO Ethan Chan, the company is building the "system of record" that financial institutions require as traditional finance transitions to public blockchain infrastructure. This positioning underscores a fundamental shift in how institutions are approaching blockchain integration—not as a speculative asset class, but as core payment and settlement infrastructure.
The funding announcement is supported by compelling market data demonstrating institutional blockchain adoption at scale. Stablecoin circulation has surpassed $302 billion globally, while $394 billion in payments flowed across blockchain networks during 2025. Additionally, $27.6 billion in traditional financial assets—including bonds and investment funds—have been converted into blockchain-based tokens. However, Allium's proprietary research reveals a critical data quality challenge: the company estimates that less than 20% of stablecoin transfer volume represents genuine economic activity, with the remainder generated by bots and automated routing mechanisms. This finding underscores the essential role of data standardization and verification infrastructure in enabling institutional trust and operational compliance in blockchain-based finance.
The funding validates Allium's market opportunity at a time when major financial services players are building blockchain capabilities. Notable institutional deployments include stablecoin dashboards developed by Visa and Boston Consulting Group using Allium's data platform. The company's ability to aggregate and standardize information across fragmented blockchain ecosystems positions it as foundational infrastructure for institutional blockchain adoption—particularly as regulatory frameworks mature and financial institutions formalize their blockchain operations.
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