The RWA tokenization platform Fortunafi has completed a $9.51 million strategic seed round financing, with participation from Shima Capital and others

2024-05-30 08:05:19

Collection

ChainCatcher news, according to The Block, the RWA tokenization platform Fortunafi announced the completion of a $9.51 million strategic seed round financing at a valuation of $48 million, with participation from Shima Capital, Manifold, Jordan Fish (also known as Cobie), Ari Litan from LayerZero Labs, Austin Green from Llama, Evanss6, and Scott Lewis.

It is reported that Fortunafi announced the launch of a new stablecoin protocol called Reservoir, which is expected to go live next month, and will also collaborate with Index Coop to launch a real-world asset index token.

According to the Web3 asset data platform RootData, Fortunafi is an on-chain financial institution that provides integrated liquidity solutions for traditional entities and stablecoin issuers. Fortunafi offers higher-yield investment products through the acquisition, aggregation, and securitization of on-chain real-world assets (RWA).

(Source Link)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.

2024-10-17 22:02

On-chain data availability project Hyve has completed a $1.85 million seed round financing, led by Lemniscap

2024-10-17 21:06

Japanese blockchain game company double jump.tokyo announced a strategic investment in the Web3 fund Neoclassic Capital

2024-10-16 22:10

The Bitcoin ecosystem AVS platform Pell Network has completed a $3 million Pre-Seed round of financing, led by Halo Capital and others

2024-10-15 20:54

Mention the project

Fortunafi Yield and Loan Agreements Based on Real-World Assets