Jun Yi

prev: Polychain

[ethn @ethanyish]

I’m excited to announce our $40M Series B, led by @AmplifyPartners with @kleinerperkins, and @Theoryvc.

After knowing each other for 10 years and meeting in our freshman year in college, Cheng Han and I came together in 2021 to solve the massive problem with blockchains - the data was fragmented across hundreds of chains and unusable at scale.

Today, we manage 30+ petabytes of blockchain data that serves as the onchain system of record for institutions like Visa, BCG, and major banks and asset managers.

A lot has changed since our Series A two years ago:
→ Revenue grew 10x
→ 150+ enterprise customers
→ Visa and BCG built their stablecoin dashboards on Allium
→ Data cited by research institutions from the Fed to Stanford

Since we founded Allium 5 years ago, blockchain went from retail speculation to institutional infrastructure for 24/7 settlement, programmable payments, and tokenized assets that trade like equities. Allium went from 3 people in a room to the data layer leading institutions trust to operate onchain.

Thank you to our customers, investors, and especially the Allium team for helping us reach this milestone. It's been an incredible journey so far, and we're excited to continue building the system of record for onchain finance.

A special thank you to @dbeyer123 from Amplify who’s joining our board, @ttunguz @SpencerFarrar @LM_Braswell and everyone who believed in us from the beginning.

And thank you to @bdanweiss and @FortuneMagazine for covering the news! Read more about our announcement:

[Jun Yi @0xjylee]

@tysonwynne_ @ether_fi @MikeSilagadze genuine feedback here from a user. This is PR101. Absolute silence from official channels is kinda unacceptable for a company like you guys.

[Jun Yi @0xjylee]

@ether_fi your cash services are down and facing outage, a simple announcement via a tweet or on your site would go a long way. It’s been hours and absolutely zero communication. Users are unable to use the app to check what’s up with their funds or contact support. Do better.

[Jun Yi @0xjylee]

@tysonwynne_ @ether_fi Put out a god damn tweet instead of having users panicking? Most can’t even reach support now to know what’s up.

[Ritual Foundation @ritualfnd]

Ritual testnet is now live. The first chain where an agent's existence doesn't end when its creators do.

[Jun Yi @0xjylee]

@parsec_finance Was an absolute joy using parsec in past cycles watching chaos unfold. Some of the best and most responsive builders I know to date. Godspeed 🫡

[Jun Yi @0xjylee]

Kinda sad that state of crypto is still at the mercy of AWS if you think about it.

[Jun Yi @0xjylee]

@JacobPPhillips YNWA

[Jun Yi @0xjylee]

@KoreanDegen stare harder, it might just go up from that

[Jun Yi @0xjylee]

Well deserved team and congrats on the raise!

[Jun Yi @0xjylee]

Are we ready?

[Jun Yi @0xjylee]

Everyone this week when EST hits

[Jun Yi @0xjylee]

@KoreanDegen on-do-kwon

[Jun Yi @0xjylee]

Respectfully, disagree with the move here. What should have been done was to limit the cap and scale accordingly, adjusting for factors all around instead of chasing TVL.

[Jun Yi @0xjylee]

Everyone this week when EST hits

[Hsaka @HsakaTrades]

Largest total market liq event since the uptrend from 25k began in August.

Largest alts liq event in 2 years.

Brought to you by a Matrixport intern.

[Jun Yi @0xjylee]

Matrixport: “Hold up, we haven’t bought enough”

[Jun Yi @0xjylee]

Bull market (or nah) season = projects speedrunning their token launch/listing timelines in record time 🏎️

[Jun Yi @0xjylee]

Silence of the forest

[Wenmerge🦇🔊 @Wenmerge2022]

Well it happened.

Entry and Exit queues are at zero.

https://t.co/ItF0qq8knO

[Jun Yi @0xjylee]

Oh no, I guess time for a rename.
One of them’s still my favorite Trader Joe :)

[Blockworks @Blockworks]

NEWS: US grocery chain Trader Joe’s sued a crypto platform over a matching name

https://t.co/WiDwIkeUiT