The on-chain organization platform Tally has completed an $8 million Series A financing, led by AppWorks.

Tally raised $8 million in Series A financing, led by AppWorks, a well-known domestic venture capitalist. (Synopsis: Karpatkey, on-chain treasury management, completed 7 million magnesium financing, AppWorks and Wintermute participated) (Background supplement: AppWorks Demo Day #28 debuts: Blockchain + AI breaks social loneliness, helps enterprise AI transformation, and pry open a market 28 times larger than Taiwan) This article is a press release, written and provided by Tally, and its position has nothing to do with the moving area. Tally, the leading software platform for on-chain organizations, today announced the completion of an $8 million Series A funding round led by AppWorks, Blockchain Capital, 1kx, and participation from Cyberfund, Placeholder, BitGo, and Bloccelerate to expand its comprehensive infrastructure for the on-chain economy. Tally provides infrastructure for many leading organizations, including Arbitrum, Uniswap DAO, ZKsync, Wormhole, Eigenlayer, Obol, Hyperlane, and many other well-known protocols. The platform started as a DAO governance tool and has grown to become the most widely adopted software stack for on-chain organizations on Ethereum and Solana. "The future of organizational software is composable, transparent, and on-chain." Tally's CEO Dennison Bertram said. "This funding allows us to accelerate our mission to become a software layer for on-chain organizations — driving token issuance, protocol governance, and growth through staking." Tally's platform currently serves hundreds of thousands of users who have joined through its distribution tools. In total, these users have used Tally's infrastructure to transfer more than $1 billion in assets. The company's suite of products supports every stage of the on-chain organizational lifecycle: Issuance: user joining, issuing tokens, and distributing power Operations: vault management, smart contract upgrades, and funding of important projects Growth: Value accumulation through composable staking extensions "We invested in Tally because they clearly set the standard in terms of infrastructure for on-chain organizations." Patrick Tsang, Partner at AppWorks, added: "Their impressive growth trajectory, technical expertise, and widespread adoption demonstrate that they are uniquely positioned to seize the opportunities presented by the expanding on-chain economy. As tokenization expands from crypto-native applications to new areas like real-world assets, Tally's team has the foresight and execution to be the foundational software layer for building that future." "Tally's culture of hard work and focus is honed through multiple cycles and pressures," adds Peter Pan of 1kx. "This makes them stand out as market leaders in the on-chain organizational ecosystem, with products ranging from voting and vault management to token fee sharing." 1kx has participated in every funding round since its inception and is honored to continue to be a supporter." "Tally's product and its development clearly demonstrates Dennison and the rest of the team with a deep understanding of on-chain organizations and their needs," added Artem Kotelskiy of CyberFund. "They built a sophisticated platform that caters to the needs of different roles: token holders, principals, service providers, etc. Strong organic growth, coupled with new products ready to capture the tokenization trend — that's what we firmly believe in and decided to bet that Tally will be the leading underlying software layer, especially in the next major expansion phase of cryptocurrency." About Tally Tally is the software layer of the on-chain organization. Tally has built the most widely adopted infrastructure for issuing tokens, governing protocols, and growing through staking. The platform currently serves hundreds of thousands of users who have joined through its distribution tools. In total, these users have used Tally's infrastructure to transfer more than $1 billion in assets. For more information, please visit www.tally.xyz. Related reports Musk fights his xAI computing power! Rumor raises new round of financing, aiming for $6 billion Meanwhile "Bitcoin Life Insurance" has received $40 million in financing, what are the characteristics? Anti-inflation, Sam Altman supports: MircoStrategy microstrategy restarts the "buy, buy, buy" model? Full analysis of new financing solutions "On-chain organization platform Tally completed $8 million Series A financing, led by AppWorks" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".