Web3 infrastructure provider Parfin has completed a $15 million seed round financing, led by Framework Ventures

ChainCatcher news, Web3 infrastructure provider Parfin has completed a $15 million seed round financing, led by Framework Ventures, with participation from Alexia Ventures, Valor Capital Group, and the investment fund L4 Venture Builder from the Brazilian stock exchange platform.

It is reported that Parfin is currently developing Parchain, a permissioned EVM-compatible blockchain that will enable regulated entities to participate in DeFi and asset tokenization. Parfin was founded in 2019, starting as a company planning to develop regulated stablecoins, and has now evolved into an infrastructure provider offering digital asset custody, trading, tokenization, and management tools for financial institutions in Latin America. (source link)