Anoma Seeks $1 Billion Valuation as Crypto Venture Funding Jumps

Crypto infrastructure provider Anoma Foundation is in talks to raise fresh funding at a $1 billion valuation, people familiar with the matter said, the latest sign of rebounding digital-asset startup investment.

The Zug, Switzerland-based outfit has held discussions with potential investors about raising $40 million, according to the people, who asked not to be identified because the talks are private. The negotiations are ongoing and the terms could change, they said.

The Anoma Foundation oversees the Namada blockchain and offers software that crypto developers can use to build decentralized applications with a focus on privacy. “We are still in active ...