Allium Raises $40 Million to Help Enterprises Embrace the Blockchain

Enterprise-focused blockchain data platform Allium has raised $40 million in new funding. The company announced its Series B round Tuesday (June 23), noting that it comes at a time when global finance is rapidly moving to blockchain rails, with $302 billion in stablecoins, $394 billion in on-chain payments volume last year, and $27.6 billion in tokenized financial instruments. “While blockchain and stablecoin usage is growing, institutions have historically not had an easy way to operate within