Disclaimer: the information provided by CRYPTO fundraising team should not be considered as investment advice
or an invitation to trade.
This week's biggest funding round
Fnality International raised $50M in a Series A funding round from Santander*, Nasdaq Ventures, MUFG, Commerzbank, ING Ventures, Credit Suisse, KBC, Barclays, UBS, Sumitomo Mitsui Financial Group, State Street, BNY Mellon, Lloyds Banking Group, CIBC.
Fnality is a global consortium of banks developing a regulated payment system for tokenized assets, aiming to overcome the limitations of traditional payment systems in handling digital asset transactions. The platform, originally conceived as the Utility Settlement Coin (USC) Project, focuses on providing efficiency, scalability, and security for cross-border settlements, ultimately reducing counterparty risk. As a key player in enabling the growth and adoption of tokenized assets, Fnality addresses the challenges in financial markets through its innovative approach to distributed ledger technology.
Pre-seed and Seed investment rounds
Fluree raised $4.7M in a Seed funding round from 4490 Ventures*, Fourth Revolution Capital (4RC), Revolution.
Other investment rounds
Voatz raised $7M in a Series A funding round from TechStars*, Medici Ventures*, Urban Innovation Fund, Oakhouse Partners.
TrueLayer raised $35M in a Series C funding round from Tencent Holdings*, Temasek*, Northzone, Anthemis.
TrueLayer is a fintech platform utilized to build financial apps that connect to bank data, verify accounts, and access transactions in real-time.
raised undisclosed amount in a funding round from .
Polkadot raised undisclosed amount in a Strategic funding round from Placeholder*.
* fund, that lead investment round
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