ChainCatcher news, at the "DeInsight 2024" annual summit held during Devcon in Bangkok, the RootData List 2024 annual rankings have been officially announced. Richard Liu, co-founder of Huma Finance, has been selected as one of the Top 20 Best CEOs in the RootData List 2024. Richard Liu is the co-founder of Huma Finance and a partner advisor at Foothill Ventures. He graduated from Sichuan University, Tsinghua University, and the University of Florida.It is reported that this list is the second annual selection launched by RootData following its first release in 2023, aimed at showcasing influential and innovative key players in the Web3 field and assessing the key forces that continue to drive industry progress. RootData is committed to demonstrating the core forces and trend characteristics of industry development through rigorous data analysis.The statistics for the list cover the period from October 31, 2023, to October 31, 2024, with a total of five lists published, specifically: Top 50 Projects (TGE completed), Top 50 Projects (TGE not conducted), Crypto VC Top 50 Investment Institutions, Top 10 Angel Investors, and Top 20 Best CEOs.

ChainCatcher news, the payment financing (PayFi) network Huma Finance announced the launch of the RWA protocol on the Solana mainnet.This launch aims to meet the growing demand in the payment industry for affordable, accessible, and secure on-chain payment financing. At the same time, Huma has introduced the first stablecoin liquidity pool on Solana for qualified individual investors, offering double-digit, real-world stable returns.It is reported that Huma has raised $38 million in funding and expects the payment financing transaction volume to reach $10 billion next year. Currently, it is piloting DePIN financing use cases on its PayFi network to accelerate the construction of decentralized infrastructure.Huma co-founder Erbil Karaman stated, "PayFi is one of the most important trends in the cryptocurrency space, as it has a significant impact on global businesses and individuals. To support the rapid development of the PayFi ecosystem, expanding the Huma network is crucial. Just like PayPal and Stripe, we believe Solana provides one of the best tools for global payment and financing solutions."Additionally, according to the Web3 asset data platform RootData, Huma Finance is the first PayFi network. Huma provides financing support for global payments, enabling instant liquidity access anytime, anywhere.

ChainCatcher news, at the "DeInsight 2024" annual summit held during Devcon in Bangkok, the RootData List 2024 annual rankings have been officially announced. Huma Finance has successfully made it to the RootData List 2024 annual rankings as one of the "Top 50 Projects (not yet undergone TGE)." Huma Finance is a PayFi network that powers global payment financing, providing instant liquidity anytime and anywhere.It is reported that this list is the second annual selection launched by RootData following its first release in 2023, aimed at showcasing the influential and innovative key players in the Web3 space and assessing the critical forces that continue to drive industry progress. RootData is committed to demonstrating the core forces and trend characteristics of industry development through rigorous data analysis.The statistics for the list cover the period from October 31, 2023, to October 31, 2024, with a total of five lists published, specifically: Top 50 Projects (completed TGE), Top 50 Projects (not yet undergone TGE), Crypto VC Top 50 investment institutions, Top 10 angel investors, and Top 20 best CEOs.

ChainCatcher news, at the "DeInsight 2024" annual summit held during Devcon in Bangkok, Huma Finance co-founder Richard Liu delivered a speech titled "The Future of Financing - Building the World's First PayFi Network."Richard pointed out that traditional payment tools like Swift play an important role in cross-border transactions, while crypto payments provide new business opportunities for small enterprises. An increasing number of consumers are gaining trust in emerging financial tools (such as RWA), and building a platform that supports multiple use cases will be key to attracting users and achieving network effects. Huma has merged with Arf to become the first PayFi network focused on the financing layer, bringing new growth potential to payment financing. Currently, Huma's payment financing transaction volume has exceeded $2 billion, with a monthly growth rate of 10%, and it has achieved zero credit defaults, with an additional $500 million in monthly demand waiting to be met. Through blockchain and stablecoin technology, PayFi not only revolutionizes the payment financing market but also provides sustainable support for improving cross-border payment efficiency and real-world asset (RWA) yields, further promoting the development of DeFi.Remote participation 👉Live video link: https://www.youtube.com/live/tTVcUPumPysImage live link: https://www.pailixiang.com/album_ia7637038926.html

ChainCatcher news, Huma Finance founder Richard Liu confirmed his attendance at the "DeInsight 2024" annual summit to be held on November 11 in Bangkok during Devcon.The "DeInsight 2024" annual summit will take place on November 11 at Hotel Nikko Bangkok in Bangkok. This summit is co-hosted by ChainCatcher and RootData, and jointly organized by Soso Value. The conference aims to bring together elites in the Web3 field to exchange insights about the industry, and it is expected to attract over 1,000 industry elites.In addition, the conference will unveil the RootData List 2024 annual heavyweight rankings, which will objectively evaluate influential individuals or institutions in the industry from a data perspective.

ChainCatcher news, the company Huma Finance, which focuses on the tokenization of real-world assets (RWA), has recently completed a $38 million financing round, which includes $10 million in equity investment and $28 million in revenue-generating RWA.This round of financing was led by the venture capital firm Distributed Global, with participation from Hashkey Capital, Folius Ventures, the Stellar Development Foundation, and the venture capital arm of Turkey's largest private bank, İşbank's TIBAS Ventures.The Stellar Development Foundation invested $10 million in the RWA segment, becoming the largest participant.Huma Finance plans to use this funding to expand its PayFi platform to the Solana blockchain and Stellar's Soroban smart contract network. The company's merger with Arf is expected to achieve a payment financing transaction volume of $10 billion next year.

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.

ChainCatcher news, DeFi startup Huma Finance has completed a $8.3 million seed round financing, led by Race Capital and Distributed Global, with participation from ParaFi, Circle Ventures, Robot Ventures, and others.It is reported that Huma aims to build an income-backed lending protocol. This protocol allows borrowing based on cash flow rather than tokens, utilizing receivables such as payroll or invoices for borrowing. Huma's first product is an on-chain factoring marketplace that enables individuals or businesses to collateralize their future income instead of existing token assets for loans. Its initial partners include stablecoin issuer Circle, blockchain payment network Request Network, and Superfluid. (source link)