Fnality Raises $136 Million in Series C Funding to Expand Global Settlement Network

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According to Coincu, London-based blockchain startup Fnality raised $136 million in Series C funding on September 23 to expand its global bank settlement network. The funding, led by WisdomTree, Bank of America, and other investors, aims to enhance Fnality’s interoperability and liquidity tools, potentially impacting tokenized asset transactions and facilitating financial market integration with blockchain technology. The startup plans to extend its network to major currencies, utilizing real-time settlement channels backed by the Bank of England.

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