Allium Raises $40M as Enterprise Blockchain Data Demands Grow

Allium, a blockchain data platform serving financial institutions, closed a $40 million Series B funding round. Amplify Partners led the investment, with existing backers Kleiner Perkins and Theory Ventures also participating. Amplify's David Beyer will join Allium's board.

The round signals accelerating demand for structured blockchain data among mainstream enterprises. Allium's clients include Visa, Stripe, the Uniswap Foundation, and Phantom. The company says its platform converts raw blockchain activity into formats that fit standard analytics workflows.

That matters because most blockchain data infrastructure today was built for crypto-native teams, not for compliance officers or risk managers at regulated banks. Allium's backers are betting that the same demand that pushed Snowflake and Databricks into the enterprise will extend to onchain data as more institutions hold digital assets and issue tokenized products.

Amplify Partners focuses on infrastructure and developer tools. Its lead here suggests the venture firm sees blockchain data as a layer that will underpin multiple applications rather than a single-use dataset. The existing investor group – Kleiner Perkins and Theory Ventures – added capital rather than diluting, a sign that earlier theses are playing out.

The $40 million figure is modest by late-stage enterprise software standards but significant for a company that operates in a niche with high technical barriers. Building a blockchain data pipeline that satisfies both speed requirements and audit rigor is expensive. The capital should extend Allium's run rate into 2028 without a need to chase growth at any cost.

Competition in the space includes The Graph, Dune Analytics, and Nansen, each with a different emphasis. Allium positions itself as the enterprise-grade option, charging for reliability and data normalization rather than for token-based access or community dashboarding. The presence of Visa and Stripe as customers validates that approach for the regulated finance segment.

For investors tracking the blockchain infrastructure theme, Allium's round is one data point in a pattern. Institutional tokenization projects, stablecoin adoption, and market structure changes are all generating demand for clean, real-time onchain data. The next marker will be whether Allium can sign additional bank-level clients in jurisdictions like Singapore or Switzerland, where digital asset custody is gaining traction.

Allium has not disclosed revenue or valuation. The company is privately held. The press release announcing the round said the new capital will be used to expand engineering and customer support teams in New York and Europe.