Anoma Foundation Receives $25M in Funding to Advance Revolutionary Blockchain Architecture

Anoma Foundation Receives $25M in Funding to Advance Revolutionary Blockchain Architecture

The Anoma Foundation, a non-profit organization that pioneers blockchain technology, has successfully completed a $25 million funding round. The third round of funding, co-led by the renowned blockchain VC Company CMCC Global, is the starting point for commercializing the third generation of blockchains and replacing the existing financial system with one that empowers people with greater control.

Several prominent companies participated in the funding round, including Electric Capital, Delphi Digital, Dialectic, KR1, Spartan, NGC, MH Ventures, Bixin Ventures, No Limit, Plassa, Perridon Ventures, Anagram, and Factor. Additionally, the Foundation’s mission was supported by over thirty angel investors, including L1 creators, dApps, and ZK cryptographers.

This significant investment demonstrates how widely acclaimed Anoma’s revolutionary intent-centric architecture is, which offers a novel approach to building blockchain infrastructure layers.

“Anoma is the first generalized intent-centric blockchain architecture that allows truly decentralized applications from decentralized DEXs to decentralized rollup sequencers,” said Adrian Brink, Co-founder of Anoma. “Compared to existing architectures such as Ethereum/EVM, it makes dApps an order of magnitude more composable and an order of magnitude easier to build.”

By introducing fresh primitives through Anoma’s intent-centricity, current Web2.5 applications such as rollups, decentralized exchanges, and NFT markets can now be entirely decentralized. Moreover, this innovative design provides a platform for developing cutting-edge applications that traditional platforms cannot support.

“We are delighted to have co-led this fundraising round of Anoma,” said Charlie Morris, Co-founder and Managing Partner of CMCC Global. “The team is pushing the boundaries of protocol design and reimagining how base layer infrastructure should operate. It is refreshing to see Anoma’s designs and philosophy against the backdrop of a homogenous group of layer-1 smart contract platforms.”

The $25 million funding will be allocated towards advancing and improving Anoma’s intent-centric architecture, supporting ongoing R&D projects, promoting adoption through developer-friendly tools for creating applications that cannot be developed on any existing system, and establishing strategic alliances and ecosystem development initiatives.

“Anoma’s intent-centric architecture represents a significant advancement across all fronts of blockchain infrastructure, including scalability, UX, privacy, and interoperability,” said Tommy Shaughnessy, Founding Partner of Delphi Digital. “We are excited to be part of their journey towards revolutionizing decentralized applications.”

“We are thrilled to invest in Anoma,” added Dialectic founder Ryan Zurrer. “Their intent-centricity and inherent focus on low-level privacy promises to unlock new use-cases, particularly in areas such as next-generation DeFi, and represents a major step forward for the industry.”

The Anoma Foundation is now well-positioned to further promote innovation in the blockchain industry following the successful conclusion of this investment round.

Article Compiled by Coinbold