Visa's Data Partner Allium Labs Raises $16.5M as Their New Findings Show Stablecoin Activity is Back Up
Summary
Allium Labs, a data platform for blockchain, raised $16.5 million in Series A funding led by Theory Ventures. The company plans to invest in data infrastructure and services for financial institutions. Their partnership with Visa focuses on stablecoin activity insights, revealing trends like increased stablecoin demand and improved organic payment activity.
