Blockchain payments firm Halliday has raised $20 million in a Series A funding round led by Andreessen Horowitz (a16z), with participation from Avalanche Blizzard Fund, Credibly Neutral, and Alt Layer. This investment aims to accelerate the development of Halliday’s Workflow Protocol, which enables onchain application development without smart contracts.
Key Highlights of the Funding Round
- Led by a16z: This marks a16z’s second investment in Halliday, following a $6 million seed round in 2022.
- Total funding: Halliday has now raised over $26 million.
- Angel investors: Includes Viktor Bunin (Coinbase), Jason Zhao (Story Protocol), Ekram Ahmed (Celestia), and Alchemy co-founders Nikil Viswanathan and Joe Lau.
The Workflow Protocol: Revolutionizing Onchain Development
Halliday’s Workflow Protocol eliminates the need for smart contracts, addressing key challenges in blockchain development:
- Speed: Reduces development time from months/years to hours.
- Cost-efficiency: Cuts expenses associated with smart contract audits and testing.
- Accessibility: Enables Web2 and Web3 businesses to build applications without deep blockchain expertise.
👉 Discover how Halliday’s protocol transforms blockchain development
Use Cases for the Workflow Protocol
- Automated workflows: Onramping to Layer 2 solutions, recurring payments, treasury management.
- AI integration: Provides compliant infrastructure for AI-driven blockchain automation.
- Enterprise adoption: Banks and fintechs can offer digital asset payments and programmable treasury services.
Halliday’s Industry Partnerships
Since 2023, Halliday has partnered with major projects including:
- DeFi Kingdoms
- Core Wallet (Ava Labs)
- ApeChain
Upcoming integrations include Story Protocol, Lens, Frax, and other leading blockchain platforms.
a16z’s Expanding Crypto Ecosystem
Beyond Halliday, a16z continues to invest in crypto innovation:
- Spring 2025 Accelerator: A Y Combinator-style program for crypto startups offering funding, mentorship, and operational support.
- Focus areas: Early-stage Web3 ventures, decentralized finance (DeFi), and blockchain infrastructure.
FAQs About Halliday’s Funding and Technology
What makes Halliday’s Workflow Protocol unique?
It enables developers to create onchain applications without writing smart contracts, significantly reducing time and cost.
How will Halliday use the $20M funding?
The capital will support:
- Development of Halliday Payments platform
- Team expansion
- Integration with new blockchain partners
Who are Halliday’s key investors?
Andreessen Horowitz (a16z) leads the round, joined by Avalanche Blizzard Fund, Credibly Neutral, and Alt Layer.
👉 Explore more about blockchain investment opportunities
What industries benefit from Halliday’s technology?
- Crypto startups: Faster product launches.
- Traditional finance: Simplified access to decentralized finance (DeFi).
- AI developers: Compliant onchain automation infrastructure.
Conclusion
Halliday’s $20M Series A funding underscores growing investor confidence in simplified onchain development. By eliminating smart contract complexity, Halliday opens blockchain adoption to broader markets—from startups to institutional finance. With a16z’s continued support and strategic partnerships, Halliday is poised to reshape how businesses interact with decentralized technologies.