Fnality, a fintech firm, has raised $95 million in Series B funding, led by Goldman Sachs and BNP Paribas. The round included participation from DTCC, Euroclear, Nomura, and WisdomTree, as well as commitments from banks that previously supported Fnality's $63m fundraise in 2019.
Rhomaios Ram, CEO of Fnality International said “Our Series B funding round represents the financial sector’s desire for a central bank money backed blockchain-based settlement solution that bridges the gap between traditional finance (TradFi) and decentralized finance (DeFi) in wholesale markets”