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Fnality raises $136M for blockchain settlement network
โน๏ธ The essentials of the news
Fnality, a company focused on payment/blockchain infrastructure for institutional markets, closed a Series C funding round for US$ 136 million. Participants include major banks/institutions such as Bank of America, Citi, WisdomTree, KBC Group, Temasek, Tradeweb, among others.
This round seeks to finance the expansion of its blockchain-based settlement network for institutional payments and tokenized asset settlements, focusing on enabling new channels in USD and EUR in addition to the existing system in British pounds.
Fnality, a company focused on payment/blockchain infrastructure for institutional markets, closed a Series C funding round for US$ 136 million. Participants include major banks/institutions such as Bank of America, Citi, WisdomTree, KBC Group, Temasek, Tradeweb, among others.
This round seeks to finance the expansion of its blockchain-based settlement network for institutional payments and tokenized asset settlements, focusing on enabling new channels in USD and EUR in addition to the existing system in British pounds.
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