PANews reported on March 18 that according to The Block, Web3 workflow protocol developer Halliday announced the completion of a $20 million Series A financing round led by a16z crypto. Other investors included Avalanche Blizzard Fund, Credibly Neutral, Alt Layer and several angel investors, bringing its total financing amount to $26 million.

Halliday is committed to simplifying the process of creating smart contracts. Its infrastructure allows developers to delegate workflows to automated systems to shorten development time. The company plans to use the new funds to expand its engineering team (currently 17 people) and further develop its workflow protocol and payment application Halliday Payments.

Halliday CEO Griffin Dunaif said the company's goal is to bring blockchain into the software era, allowing developers to build applications in hours instead of years, and promote the use of secure AI systems in decentralized networks. Halliday was founded in April 2022 and is headquartered in San Francisco.