By VC News Daily
MIAMI, FL, Fortunafi Holdings today announced the completion of its strategic funding round, closing $9.5 million in total funding.
The move marks a broader effort to not only expand its current RWA product offering, improve the utility of tokenized assets, and grow its distribution, but also launch a new stablecoin protocol. Key investors of Fortunafi include Shima Capital, Manifold, Cobie, Evanss6, Scott Lewis, Ari Litan, Austin Green, and many more.
Fortunafi is a leading onchain financial institution spearheading advancements in the Real World Assets (RWA) sector. Through key partnerships and integrations, Fortunafi delivers the tokenization of RWAs onchain to bring DeFi-structured yield products, alternative lending, and all-in-one liquidity solutions to financial institutions, startups, and investors. In contrast to traditional capital markets and securitizations, Fortunafi eliminates rent-seeking capital market participants and verticalizes the entire process from asset creation to the final onchain tokenization.
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