The fundraising round consisted of $10 million equity investment and $28 million of investments in real-world assets on Huma's platform.
Huma merged with cross-border payments firm Arf earlier this year and the two are projected to hit a combined $10 billion in payments-financing transactions next year.Huma Finance closed a $38 million investment round to boost its payment-financing platform built on tokenized real-world assets . The equity component was led by venture capital firm Distributed Global, with significant participation from Hashkey Capital, Folius Ventures, Stellar Development Foundation and TIBAS Ventures, the venture arm of İşbank, Turkey's largest private bank. For the RWA component, Stellar Development Foundation was the largest participant, dedicating $10 million.
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Source: CoinDesk - 🏆 291. / 63 Read more »
Source: CoinDesk - 🏆 291. / 63 Read more »