Halliday Raises $20M to Eliminate Smart Contract Complexity Through AI-Powered Workflows

Halliday, a blockchain cost startup leveraging synthetic intelligence to automate advanced workflows, has raised $20 million in a Collection A funding spherical led by Andreessen Horowitz (a16z), one among Silicon Valley’s most distinguished enterprise capital corporations.

Accelerating Growth of the Workflow Protocol:

Introduced on March 18, Halliday said that the recent capital might be used to speed up the event of its Workflow Protocol, a blockchain resolution designed to assist builders construct monetary purposes with out the necessity to write sensible contracts. By integrating AI and blockchain know-how, Halliday goals to streamline workflow automation for monetary establishments and Web3 corporations.

The funding spherical noticed participation from notable traders similar to SV Angel, Credibly Neutral, and Blizzard Fund, demonstrating sturdy business confidence in Halliday’s mission to simplify blockchain growth.

Revolutionizing Blockchain Development with AI and Smart Automation:

Its Workflow Protocol addresses a major pain point in blockchain application development. Traditionally, building blockchain applications has required writing smart contracts, a process that is often slow, expensive, and prone to security risks.

“Smart contracts have long been the default way the industry builds applications on-chain. However, smart contract development resembles hardware engineering more than software engineering: it is slow, expensive, and dangerous,” Halliday stated in a post on X.

By eliminating the need to write smart contracts for every new deployment, the Workflow Protocol significantly reduces development time and costs while enhancing security for financial institutions and payment providers.

Automating Key Workflows for Financial Institutions and Web3:

Halliday’s Workflow Protocol automates a variety of essential processes, including:

• On-ramping to new layer 1 and layer 2 blockchain networks.

• Recurring payments management for seamless transactions.

• Yield optimization for maximizing returns.

• Treasury management and B2B agent workflows for enhanced efficiency.

Strong Industry Adoption and Key Partnerships:

Since 2023, Halliday has tested its workflow system extensively, integrating its payment flows with major platforms such as Avalanche, ApeCoin, DeFi Kingdoms, and Story Protocol. The startup has also forged key partnerships to enhance its ecosystem, collaborating with SKALE Network in May 2024 and ApeChain in June 2024 to expand its payment infrastructure.

Backed by a16z: Continued Investment and Long-Term Vision

a16z’s confidence in Halliday’s vision is underscored by its continued support. Andreessen Horowitz had previously led Halliday’s $6 million seed round in August 2024, where the funds were allocated to support blockchain gaming and metaverse ecosystems.

With this latest funding, Halliday is well-positioned to continue transforming blockchain workflows through AI-driven automation, empowering financial institutions and Web3 developers to build and scale applications more efficiently.

Paving the Way for Seamless Web3 Integration:

As AI and blockchain technologies continue to converge, Halliday’s Workflow Protocol offers a promising solution to compliance challenges and security risks that have historically slowed Web3 adoption. By enabling seamless integration of Web3 services into existing financial systems, Halliday is driving the next wave of blockchain innovation.

With strong backing from industry leaders and a growing list of strategic partners, Halliday’s vision of automating blockchain workflows at scale is rapidly becoming a reality.

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