a16z Big Investment in Halliday, Blockchain Payment Innovation!

Jakarta, Pintu News – Artificial intelligence-based startup Halliday has just secured $20 million in a funding round led by venture capital giant Andreessen Horowitz (a16z).

The funds will accelerate the development of Halliday’s Workflow Protocol, which allows developers to create financial applications without the need to write smart contracts.

Blockchain technology and AI are key ingredients in this innovation, which aims to ease the integration of financial applications with web3. This investment marks a major step for Halliday in collaboration with financial institutions, including licensed banks and payment providers.

By eliminating the need to write smart contracts every time a developer wants to create or deploy a program, Halliday has the potential to change the way financial institutions integrate new technologies.

Andreessen Horowitz’s Critical Role

Andreessen Horowitz’s crypto venture capital unit (a16z) led this Series A funding round, which also attracted participation from other investors such as SV Angel, Credibly Neutral, and Blizzard Fund. a16z’s trust and support bring not only capital but also extensive experience and networks in the technology and finance industry.

Previously, in August 2024, a16z also led Halliday’s seed funding round with $6 million. The funds supported the blockchain and metaverse gaming ecosystem, demonstrating a16z’s commitment to supporting Halliday’s innovations.

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Halliday Technology Innovation

The Workflow Protocol developed by Halliday offers a solution to AI and blockchain integration challenges, which are often plagued by compliance and security issues. The protocol enables automation of various workflows, from on-ramping to new layer 1 and layer 2 chains and management of recurring payments to yield maximization.

Since 2023, Halliday has been testing this workflow system, with payment streams integrated by several major platforms, such as Avalanche, ApeCoin, DeFi Kingdoms, and Story Protocol. Partnerships with SKALE Network in May 2024 and ApeChain in June 2024 show significant technological application expansion.

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Conclusion

With strong backing from Andreessen Horowitz and other investment partners, Halliday is on track to revolutionize how financial institutions adopt blockchain technology and AI.

Automating and simplifying complex processes through Workflow Protocol promises greater efficiency and reduced risk in financial application development.

Halliday’s success in implementing this innovation will not only change the financial industry but also the way companies utilize blockchain technology and AI for various operational and strategic needs.

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Reference

• Crypto News. a16z Leads $20M Raise for Blockchain Payment Firm Halliday. Accessed on March 19, 2025
• Featured image: Metaverse Post