@businessbarista Being happy to go to work and happy to go home was a cornerstone of Jeff Weiner’s exemplary leadership, and it’s a guiding philosophy for how I build my life (and business). Thank you for modeling this as well.
We want the banks, payments companies, and corporate treasuries that will use Alta to help shape it.
If you’re thinking seriously about bringing your business onchain, we’d love to hear from you.
Come build with us. https://t.co/vCkPVb23tU
Bringing global finance onchain takes more than better technology. Trust is essential.
Today, Alta announced $80M in funding, including a Series A led by @IndexVentures, with @GVteam, @blackbirdvc, @SquarePegCap, and Capital 49 participating.
We’re building neutral infrastructure for the broader financial ecosystem, not any single institution, payment network, or asset class. One that seamlessly connects to the real world.
Privacy, compliance, and accountability aren’t barriers to innovation; they are scale vectors.
"Airwallex is also backing Metal; a blockchain designed to be compliant with all local financial regulations right out of the box."
Finance will be tokenized and agentic; it scales when it's private, compliant, and connected to the real world. Excited to be building @altaxyz.
This @FortuneMagazine piece captures the @airwallex POV on stablecoins pretty well:
👉Stablecoins are additive, not foundational.
👉We are pragmatic, not maximalist.
👉On- and off-ramps are an important infrastructure challenge.
👉Borders are not disappearing. Stablecoins may improve the connective tissue of global finance, but they operate inside sovereign financial systems.
👉The winning infrastructure will connect "from here to there." The durable opportunity is infrastructure that connects new digital rails to local money, local regulation and accountable institutions.
https://t.co/0w0EFE0gph
Hello, world. After a little time away, I am stoked to announce that I am back…
and teaming up with the amazing @cclayporter to build @altaxyz: the global settlement network for the future of regulated, tokenized, agentic finance.
Six months ago to the day, I was introduced to @awxjack. What started as a discussion about stablecoins has since expanded to a much bigger vision: global infrastructure for tokenized financial products.
Now, I am excited to share that @airwallex and Capital49 have co-led our seed round, and as part of its investment, Airwallex has joined Metal as our first design partner.
Airwallex will bring the most extensive network of local payment rails — covering 200 countries and 90 currencies — to tokenized financial products: stablecoins, tokenized bank deposits, money markets, securities, and much more.
Excited to work with @bzlwang (a fellow Aussie!) and @cclayporter as a design partner to @altaxyz, a Layer-1 blockchain designed for compliant global settlement at scale.
Filling an important gap in infrastructure purpose built for licensed financial institutions to move and settle stablecoins securely, efficiently, and within regulated global frameworks. Follow this team 👇
@bgurley@kevinweil This was a great ep. @kevinweil is a world-class leader. Looking forward to OpenAI’s exponential impact with him at the product helm (along with the hundreds of others, as he mentioned, who are all world class at what they do).