Airwallex's Jack once dismissed stablecoins, now his Alta raises $80M for onchain finance

LexSokolin · x · 2026-11-11

Jack from Airwallex reportedly thought stablecoins had no use and blockchains didn't matter a year ago. Now his new company Alta has raised $80 million to build infrastructure for global onchain finance, per Alta's official announcement. The poster expresses bewilderment at the reversal.

Related event: Airwallex CEO's New Startup Alta Raises $80M for Stablecoin Payments(2 posts)→

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