Blockchain payment company Fnality completes $95 million Series B funding, led by Goldman Sachs and BNP Paribas

2023-11-14 08:17:01

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ChainCatcher news, according to CoinDesk, blockchain payment company Fnality has completed a $95 million Series B funding round, led by Goldman Sachs and BNP Paribas, with participation from DTCC, Euroclear, Nomura Securities, and WisdomTree.

Santander Bank, BNY Mellon, Barclays, CIBC, Deutsche Bank, ING, Lloyds Banking Group, Nasdaq Ventures, State Street Bank, Sumitomo Mitsui Banking Corporation, and UBS Group participated in Fnality's $63 million funding in 2019 and have committed to further investments.

According to the crypto data platform RootData, Fnality aims to explore how blockchain and distributed ledger technology (DLT) can use tokenized cash assets to settle securities transactions, with the core goal of creating peer-to-peer digital cash assets for the ultimate settlement of tokenized transactions.

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