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Home NFT Newsstand

Visa’s Data Partner Allium Labs Raises $16.5M, Reports Surge in Stablecoin Activity

by Quirky Block
23 July 2024
in NFT Newsstand
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In the world of crypto, Visa’s blockchain data partner, Allium Labs, is making waves by securing a hefty $16.5 million in a recent Series A funding round. It seems they’ve caught the eye of venture capital bigwig Theory Ventures, who led the investment charge. Talk about rubbing shoulders with the elite!

But that’s not all. Visa and Allium Labs have joined forces once again to unveil their latest findings on stablecoin activity. Brace yourselves, folks, because it looks like stablecoin demand is back in business for 2024. That’s right, stablecoins are making a stylish comeback, and it seems like the crypto world can’t get enough of them.

So buckle up, crypto enthusiasts, because it looks like Allium Labs and Visa are on a mission to shake things up in the blockchain landscape. With these two powerhouses at the helm, who knows what exciting developments and insights lie ahead? Keep your eyes peeled, because the world of stablecoins is heating up, and these findings are just the beginning of a thrilling ride in the crypto realm.

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