Zug, Switzerland, May 31, 2023 — Groundbreaking blockchain technology non-profit the Anoma Foundation is pleased to announce the successful completion of a $25 million fundraising round. The Foundation’s third round, co-led by prominent blockchain-focused VC firm CMCC Global, kicks off the race to bring the third generation of blockchains to market – and replace the legacy financial system with one that returns power to users.

Several prominent industry players pledged investment during the financing phase, including Electric Capital, Delphi Digital, Dialectic, KR1, Spartan, NGC, MH Ventures, Bixin Ventures, No Limit, Plassa, Perridon Ventures, Anagram, and Factor. In addition, over 30 angel investors from founders of L1s and dApps to ZK cryptographers endorsed the Foundation’s vision.

This significant financial backing demonstrates the widespread recognition and support for Anoma’s innovative intent-centric architecture, which represents a new paradigm for building blockchain infrastructure layers.

“Anoma is the first generalized intent-centric blockchain architecture which enables 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.”

Anoma’s intent-centricity introduces novel primitives that enable existing Web2.5 apps, such as rollups, decentralized exchanges, and NFT marketplaces, to be fully decentralized. The radical architecture also paves the way for novel applications that cannot be built on existing architectures to make their mark.

“We are thrilled 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 war chest will be utilized to further develop and enhance Anoma's intent-centric architecture, support ongoing research and development initiatives, and drive adoption through tools that enable developers to build applications which cannot be built on any existing system, as well as strategic partnerships and ecosystem development.

“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 super excited to be investing into Anoma,” added Dialectic founder Ryan Zurrer. “Their intent-centricity and inherent focus on low-level privacy promises to unlock novel use-cases, particularly in areas such as next-generation DeFi, and represents a major step forward for the space.”

With the successful completion of this funding round, the Anoma Foundation is perfectly positioned to continue driving innovation in the blockchain space.

About the Anoma Foundation:

The Anoma Foundation is a Swiss non-profit focused on funding and coordinating the development of public goods including Anoma’s intent-centric architecture and Namada, an L1 that brings the best multichain privacy to users today. By introducing a new paradigm for building blockchain infrastructure layers, Anoma aims to make it easier for web2.5 applications to become fully decentralized and exposes novel primitives and tools for developers to build applications that were never seen before.