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Blockchain infrastructure provider Anoma is said to be seeking new funding that would propel its valuation up to $1 billion. 
Anoma Foundation, the non-profit entity that created privacy-focused blockchain Namada, is reportedly in discussions to secure new funding that would elevate its valuation to $1 billion, sources familiar with the matter <a href="https://www.bloomberg.com/news/articles/2024-07-30/anoma-seeks-1-billion-valuation-as-crypto-venture-funding-jumps?data=3289crypto2731news8923" target="_blank" rel="">told</a> Bloomberg today, July 30. 
Based in Zug, Switzerland, the Anoma Foundation is reportedly seeking to raise up to $40 million, although the exact list of potential investors remains undisclosed. A spokesperson for Anoma confirmed to Bloomberg that the organization is “in active discussions,” but didn’t specify a timeline for closing the funding round. 
Founded in 2020 by Awa Sun Yin, Adrian Brink and Christopher Goes, Anoma positions itself as the first “generalized intent-centric blockchain architecture,” allowing developers to build multi-party decentralized on-chain applications. 
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In May 2023, Anoma <a href="https://anoma.foundation/press/anoma-foundation-3rd-fundraising-round-garners-USD-25M-for-Intent-Centric-Architecture" target="_blank" rel="">raised</a> $25 million in a funding round led by CMCC Global, with participation from investors like Electric Capital, Coinbase Ventures and Delphi Digital. This followed a $26 million round in 2021 led by Polychain Capital. 
If successful, Anoma will join other blockchain startups reaching the $1 billion valuation milestone in 2024. For instance, web3 digital identity startup Humanity Protocol <a href="https://crypto.news/vc-roundup-humanity-protocol-hits-unicorn-status-arch-labs-others-secure-major-funding/" target="_blank" rel="noreferrer noopener">secured</a> $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, also <a href="https://depinhub.io/news/io-research-secures-30-million-series-a-funding-for-io-net-project-13728" target="_blank" rel="">achieved</a> a fully diluted token valuation of $1 billion in its latest funding round. 
 Read more: <a href="https://crypto.news/wisdomtree-ceo-says-crypto-is-going-mainstream/"> WisdomTree CEO says crypto is going ‘mainstream’ </a>

Polychain-backed blockchain protocol Anoma seeks new funding at $1b valuation: report

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