Fnality Raises $136M in Series C to Expand Blockchain Settlement Network

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Citing Coinotag, London-based blockchain payments company Fnality has raised $136 million in a Series C funding round led by Bank of America, Citi, KBC Group, Temasek, Tradeweb, and WisdomTree. The capital will be used to scale its blockchain-based settlement network, expand into U.S. dollar and euro markets pending regulatory approval, and support real-time, 24/7 institutional settlements, tokenized securities, and cross-currency payments.

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