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Halliday Raises $20M for AI Protocol to Eliminate Writing Smart Contracts for DeFi

The Series A investment was led by venture capital giant a16z's crypto arm, following a $6 million seed round in 2022.

16:9 Halliday CEO Griffin Dunaif (Halliday)
Halliday CEO Griffin Dunaif (Halliday)

What to know:

  • Halliday raised $20 million in a funding round led by venture capital giant Andreessen Horowitz's crypto arm.
  • The Series A funding will be used to accelerate the development of Halliday’s Agentic Workflow Protocol.
  • "Our mission is to pioneer the software era of blockchain, enabling developers to build applications in hours, not years," Halliday said.

Artificial intelligence (AI)-focused blockchain protocol Halliday said it raised $20 million to help fund development of its Agentic Workflow Protocol (AWP), which aims to speed development of decentralized finance (DeFi) applications and avoid the need for programmers to write smart contracts.

The Series A funding round was led by venture capital giant Andreessen Horowitz's (a16z) crypto arm.

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"Our mission is to pioneer the software era of blockchain, enabling developers to build applications in hours, not years," Halliday said in an emailed announcement. "With Halliday, you can never write a smart contract again."

Halliday’s no-code blockchain automation could help to accelerate blockchain adoption and shift development from smart contracts to AI-driven workflows, making blockchain more accessible, scalable, and efficient.

The funding round, which follows Halliday's seed $6 million round in 2022 — also led by a16z crypto — included contributions from Avalanche Blizzard Fund, Credibly Neutral and Alt Layer.

Disclaimer: This article, or parts of it, was generated with assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.

Jamie Crawley

Jamie has been part of CoinDesk's news team since February 2021, focusing on breaking news, Bitcoin tech and protocols and crypto VC. He holds BTC, ETH and DOGE.

Jamie Crawley
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