TechFlow news, July 18 — According to CoinDesk, blockchain data provider Allium Labs has raised $16.5 million in a Series A funding round led by Theory Ventures, whose founder Tomasz Tunguz will join the board. Kleiner Perkins and Amplify Partners also participated in the round.
Allium Labs delivers enterprise-grade blockchain data to companies such as Visa, Stripe, and the Uniswap Foundation, and plans to use the funds for expanding its data infrastructure and market outreach. Latest figures show that stablecoin demand rebounded in 2024, with circulating supply nearing $150 billion and monthly active users reaching 27.5 million.




