Enterprise blockchain data platform Allium raises $40M

Enterprise blockchain data platform Allium has raised $40 million in a Series B funding round led by Amplify Partners, Fortune reported. Allium provides a service that refines complex blockchain data, making it easier for institutional investors to utilize. The company currently supports clients including a16z Crypto and Coinbase. It anticipates that demand for its data will grow in the future, driven by an increase in financial transactions between AI agents.