Alt Layer
8 Eu Tong Sen Street #12-88 The Central, Singapore, Central Region, 059818
Overview
AltLayer is a system of highly scalable application-dedicated execution layers that derive security from an underlying .
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 2
Sector focus
- Blockchain
- Cryptocurrency
Investment portfolio
- Halliday
Participated · Series A · Mar 2025
Halliday is building the Agentic Workflow Protocol (AWP), an AI-driven, no-code platform that aims to let developers build DeFi applications without writing smart contracts. The protocol's no-code blockchain automation is intended to shift development from smart contracts to AI-driven workflows, making blockchain development more accessible, scalable, and efficient. Halliday said it will use the Series A funding to accelerate development of AWP and advance its mission to "pioneer the software era of blockchain, enabling developers to build applications in hours, not years." The company positions AWP as a way for developers to "never write a smart contract again." Financially, Halliday raised a $20 million Series A led by Andreessen Horowitz's crypto arm following a $6 million seed round in 2022. The Series A included contributions from Avalanche Blizzard Fund, Credibly Neutral, and Alt Layer. Halliday builds a buy-now, pay-now-later-style financing product enabling gamers to pay for blockchain in-game assets over time. Founded last November by Akshay Malhotra (CEO) and Griffin Dunaif (CTO), the six-person team has developed smart contracts that wrap NFTs so users can use underlying objects while Halliday retains custody until payments are complete. The product is interest-free for users and does not charge penalty fees on default; instead Halliday repossesses control of the wrapped digital asset. The company plans to charge an initial fee to customers to cover costs but hopes to eliminate that fee over time. Average payment terms are expected to be around one to three months at launch. Halliday is launching a beta with League of Kingdoms in a few weeks and expects a full public launch shortly after while it continues to work on modeling risk tied to paying game developers upfront for assets.
Team
Jia Yaoqi
Founder
LinkedInDorothy Liu
CGO, Head of Growth