What Happened?
Tally has secured $8 million in Series A funding, which will accelerate its role as a core infrastructure for “on-chain organizations.” This funding, led by top institutions such as AppWorks, Blockchain Capital, and 1kx, demonstrates market recognition of Tally and will support its continued provision of essential operational and governance tools for the on-chain economy.
The Tally product suite is not limited to early DAO governance; it has expanded to include token issuance, treasury management, smart contract upgrades, and growth through composable staking, comprehensively meeting the core needs of on-chain organizations at various stages of development.
Leading investors generally believe that the Tally team has a profound understanding of user needs and has withstood multiple market cycles, establishing its products as industry benchmarks while occupying a favorable strategic position in future trends such as the tokenization of real-world assets (RWA).
Tally Announces Completion of $8 Million Series A Funding
The on-chain organization software platform Tally recently announced that it has successfully completed $8 million Series A funding led by AppWorks, Blockchain Capital, and 1kx, with participation from Cyberfund, Placeholder, BitGo, and Bloccelerate. This round of funding will be used to expand its comprehensive infrastructure designed for the on-chain economy.
Tally is a software platform and infrastructure service provider designed specifically for “on-chain organizations.” It can be imagined as an “operational toolbox” for organizations operating in the blockchain world. Just as traditional companies need management software, organizations operating on the blockchain also require tools to manage their operations, and Tally provides these tools.
In simple terms, if a project or community wants to establish, manage, and develop a decentralized organization on Ethereum or Solana blockchains, Tally offers software and infrastructure services that make all of this easier and more efficient.
Initially, Tally was known for providing voting and governance features for DAOs (Decentralized Autonomous Organizations), but it has now broadened its service scope and established infrastructure for many well-known on-chain organizations, such as Arbitrum and Uniswap DAO, for token issuance, governance protocols, and user growth through staking.
Tally’s CEO, Dennison Bertram, stated: “The future of organizational software is composable, transparent, and on-chain. This funding enables us to accelerate our mission to become the software layer for on-chain organizations—powering token issuance, protocol governance, and growth through staking.”
Currently, Tally’s platform has reached hundreds of thousands of users through its launch tools, with users utilizing Tally’s infrastructure to collectively transfer over $1 billion in assets.
Tally Empowers the Full Lifecycle of On-Chain Organizations
Tally understands that a successful on-chain organization needs to go through different stages of development, and its product suite has been meticulously designed to provide seamless support for organizations at every critical juncture from inception to operation to expansion.
Launch Stage: Laying the Foundation and Building Consensus
In this initial phase, Tally not only assists in token issuance but also provides a suite of guiding tools to help project teams smoothly onboard early users and community members. More importantly, it aids in establishing the initial governance framework, effectively distributing power (often through tokens). This ensures that the organization has a decentralized foundation from the very beginning, paving the way for future community governance.
Operate Stage: Efficient Management and Steady Growth
As the organization enters regular operations, efficient and transparent management becomes crucial. Tally offers powerful treasury management features, allowing organizations to manage their digital assets securely and transparently, and to decide the direction of fund usage through on-chain proposals and voting, funding critical ecosystem development plans. Meanwhile, upgrading smart contracts is key to protocol evolution and maintaining competitiveness; Tally’s platform simplifies this complex process, enabling protocols to iterate and update safely with community consensus.
Grow Stage: Incentivizing Participation and Accumulating Value
To achieve long-term sustainable development and value growth, Tally has developed innovative “composable staking expansion features.” This means protocols can design more flexible and attractive staking mechanisms that not only incentivize token holders to participate long-term in network governance and security but also enable protocols themselves to effectively capture the value generated from their ecosystem activities. This mechanism helps create a positive economic flywheel, driving the mutual growth of protocol and token value.
Investor Perspective: Why Tally is the Leader in On-Chain Organization Infrastructure?
Numerous top investment institutions’ backing of Tally is not just financial support but also a strong endorsement of its technological strength, market position, and future potential.
AppWorks (Ching Tseng): Setting Industry Standards and Capturing Future Trends
AppWorks partner Ching Tseng emphasized that Tally has become the benchmark in the field of on-chain organization infrastructure. He believes that the Tally team has demonstrated exceptional growth, deep technological accumulation, and widespread market recognition, proving its unique competitive advantage in the rapidly expanding on-chain economy.
Ching Tseng specifically pointed out that as tokenization expands from the crypto-native realm to broader application scenarios such as real-world assets (RWA), Tally’s forward-looking layout and strong execution capabilities position it as the most promising core software provider for constructing this future landscape.
1kx (Peter Pan): Resilience and Market Leadership Proven Through Trials
Peter Pan from 1kx highly praised Tally’s team culture and development history. He noted that Tally’s success is not coincidental; the team’s focus and diligence have been honed through the trials and immense pressures of multiple cycles in the crypto market. This resilience has enabled Tally to establish an undeniable market leadership position with its diversified and in-depth product line covering voting governance, treasury management, and token fee sharing.
Peter Pan emphasized that 1kx has supported Tally since its inception and is confident about its future.
CyberFund (Artem Kotelskiy): Deep Understanding of User Needs and Forward-looking Layout
Artem Kotelskiy from CyberFund focused on Tally’s precise grasp of market demands. He believes that Tally’s product evolution clearly reflects Dennison and his team’s profound understanding of the operational models and core pain points of on-chain organizations (and their various participants, such as token holders, governance agents, service providers, etc.).
Tally has not only built a powerful platform but also a complex ecosystem capable of meeting diverse needs. Its strong endogenous growth momentum and new products tailored for the next wave of tokenization have led CyberFund to firmly believe that Tally will be a leader in on-chain infrastructure, especially as the crypto industry approaches its next large-scale expansion phase.