Posted 11/14/2023, 12:00:00 AM
Fnality Raises $95M to Enable Tokenized Currencies and Asset Tokenization with Backing from Major Banks
- Fnality raises $95M in Series B funding led by Goldman Sachs and BNP Paribas
- Participation from DTCC, Euroclear, Nomura, WisdomTree, and other banks
- Fnality building tokenized versions of currencies collateralized by central bank cash
- Aims to enable delivery versus payment (DvP) for wholesale banking
- CEO says it bridges traditional finance and decentralized finance
- Goldman calls it a key enabler for asset tokenization trend