Anoma Foundation, a blockchain infrastructure provider based in Zug, Switzerland, is reportedly seeking new funding that could potentially boost its valuation to $1 billion. The non-profit entity behind the privacy-focused blockchain Namada is said to be in talks to raise up to $40 million from undisclosed investors. The organization’s founders, Hao Yin, Adrian Brink, and Christopher Goe, established Anoma in 2020 with the goal of creating a generalized intent-centric blockchain architecture that enables developers to build multi-party decentralized on-chain applications.
In recent years, Anoma has made significant strides in securing funding to support its growth. In May 2023, the organization successfully raised $25 million in a funding round led by CMCC Global, with participation from prominent investors such as Electric Capital, Coinbase Ventures, and Delphi Digital. This funding round followed a previous $26 million round in 2021 led by Polychain Capital. If Anoma’s current funding efforts are successful, it will join the ranks of other blockchain startups that have achieved a $1 billion valuation milestone in 2024.
Notable examples include Humanity Protocol, a web3 digital identity startup that secured $30 million at a $1 billion valuation in May 2023, and IO Research, the developer of the Solana-based decentralized physical infrastructure network io.net, which achieved a fully diluted token valuation of $1 billion in its most recent funding round. The growing interest in blockchain technology and decentralized applications has contributed to the increasing valuations of blockchain startups like Anoma, as investors recognize the potential for innovation and disruption in the space.
Anoma’s focus on creating privacy-focused blockchain solutions aligns with the growing demand for secure and confidential transactions in the digital landscape. As more industries explore the potential of blockchain technology to revolutionize processes and enhance security, companies like Anoma are well-positioned to capitalize on this trend. By providing a decentralized platform that enables developers to build innovative applications, Anoma aims to drive the adoption of blockchain technology and accelerate the transformation of various sectors.
The interest in blockchain infrastructure providers like Anoma highlights the broader shift towards decentralized systems and the increasing importance of privacy and security in a digital world. As blockchain technology continues to evolve and mature, companies that offer scalable, secure, and user-friendly solutions are likely to attract significant investment and support. With its recent funding efforts and potential valuation of $1 billion, Anoma is poised to further expand its presence in the blockchain ecosystem and play a key role in shaping the future of decentralized applications and services.
