“Can tokenized blockchain infrastructure replace correspondent banking as the global settlement rail for regulated institutions?”
Alta is a 2026-founded institutional blockchain infrastructure company operating under Nexus Networks, Inc. (formerly branded 'Metal'), building a tokenized settlement network for banks, fintechs, and corporates. Co-founded by former Meta/Libra partnerships lead Catherine Porter, Ren and WBTC co-creator Loong Wang, and Airwallex co-founder Jack Zhang. The product thesis is universal, programmable, privacy-preserving settlement infrastructure — cross-border payments, FX, treasury, yield, and tokenized assets on a single rail using recursive zero-knowledge proofs for compliance. Currently testnet-only; no mainnet / regulated money movement live.
Alta was founded by Loong Wang (CEO), Catherine Porter (President) and Jack Zhang and is founded in 2025, headquartered in San Francisco, CA (with Melbourne, Australia presence).
Alta has raised $80M in total (latest round: Series A, 2026).
Get a read on where your own stack stands against Alta and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.