Institutional Investors Wager $136 Million on Blockchain Future Supported by Central Banks

Fnality, a London-based company specializing in blockchain-powered wholesale payment solutions, has raised $136 million in Series C financing to further develop its tokenized settlement platform Fnality Raises $136 Million in Series C Funding | Fnality [ 1 ]. The funding round was headed by

, , , KBC Group, Temasek, and Tradeweb, with continued support from previous backers such as , , BNP Paribas, DTCC, Euroclear, , ING, Nasdaq Ventures, State Street, and UBS Fnality Raises $136M to Expand Tokenized Settlement Network [ 2 ]. With this latest investment, Fnality’s total capital raised since 2019 exceeds $280 million, following previous rounds of $95 million in 2023 and $67 million in 2019 Fnality raises $136 million Series C to expand settlement rails for tokenized markets [ 3 ].

This new funding will help Fnality accelerate its entry into U.S. dollar and euro markets, subject to regulatory clearance, and enhance its liquidity management and integration with stablecoins and tokenized deposits Fnality Expands Tokenized Finance Network with $136 Million [ 4 ]. The company’s Sterling Fnality Payment System (£FnPS), which launched in December 2023, supports instant settlement of tokenized assets, cross-border payments, and repo deals using digital forms of central bank money Fnality Secures $136 Million to Expand Tokenized Settlement Network [ 5 ]. As the first regulated wholesale payment network built on DLT, the system operates around the clock and has received settlement finality status in the UK Fnality Raises $136M to Expand Blockchain Payment Network [ 6 ].

Fnality’s blockchain platform is designed to connect traditional financial systems with tokenized markets by utilizing liquidity backed by central banks. CEO Michelle Neal highlighted the company’s mission to modernize wholesale payments through “continuous payment rails, instant settlement, and improved liquidity management,” offering a hybrid approach that merges the efficiency of decentralized finance with the stability of conventional finance Fnality raises $136 million in Series C funding [ 7 ]. WisdomTree CEO Jonathan Steinberg called Fnality’s solution a “vital building block for tokenized finance,” while Citi’s Deepak Mehra pointed to its alignment with the bank’s vision for interoperable payment networks Fnality Targets Interoperable Tokenized Payment Rails [ 8 ].

This investment highlights the increasing institutional interest in blockchain-based financial infrastructure. Fnality’s regulated DLT networks help mitigate counterparty risk and address liquidity fragmentation in tokenized markets by anchoring transactions to central bank reserves Fnality Grows Amid Rising Institutional Adoption of Tokenized Assets [ 9 ]. In contrast, competitors like JPMorgan’s Onyx and Partior use commercial bank funds, which introduces credit risk. Fnality’s model removes this risk by enabling direct, atomic exchanges of fiat currencies on the blockchain Fnality taps DLT to bridge TradFi and tokenized markets [ 10 ].

Industry experts see Fnality’s growth as a key step for the tokenization of assets such as bonds, stocks, and government securities. The company’s future plans include expanding cross-currency capabilities, obtaining regulatory approval in major markets, and linking with new stablecoin platforms Fnality Positioned for Hybrid Financial Future [ 11 ]. With the Federal Reserve and European Central Bank as potential collaborators, Fnality aims to become a core infrastructure provider in the evolving hybrid finance sector Fnality’s recent raise comes amid growing interest in crypto payment rails [ 12 ].

The Series C investment demonstrates strong belief in Fnality’s potential to transform global capital markets. By combining instant settlement, programmable liquidity, and oversight from central banks, the platform tackles inefficiencies in cross-border payments and tokenized asset transactions. As tokenization becomes more widespread, Fnality’s regulated networks could become essential to institutional operations, allowing for smooth integration of decentralized technologies with established financial systems Fnality identifies itself as the infrastructure of global settlement [ 13 ].