The tokenization platform Huma Finance has merged with the liquidity platform Arf to enhance the adoption of tokenized assets

ChainCatcher news, according to The Block, the tokenization platform Huma Finance has merged with the liquidity and settlement platform Arf to enhance the adoption of tokenized assets. As part of the transaction, Huma and Arf will become part of the newly established holding entity 00 Holdings Inc. However, both companies will continue to operate separately under their existing names and brands.

It is reported that Huma Finance co-founder and co-CEO Erbil Karaman declined to disclose the terms of the deal but stated that the newly merged entity is completing a "large" financing round.

Additionally, Arf's recent on-chain liquidity volume has exceeded $1 billion. Arf co-founder and CEO Nalbant stated that based on the global partners' monthly liquidity demand of $500 million, the merged entity is expected to surpass $3 billion in transaction volume by the end of the year.