London-based blockchain firm Fnality received an investment of $95 million from banking giants.
Investment tour organized by Fnality, Goldman Sachs with BNP Paribas resulted in his leadership.
DTCC, Euroclear, Nomura, WisdomTree, as well as several other banks that invested in Fnality in 2019, participated in the investment round.
When the company raised $63 million in 2019 Banco Santander, BNY Mellon, Barclays, CIBC, Commerzbank, ING, Lloyds Banking Group, Nasdaq Ventures, State Street, Sumitomo Mitsui Banking Corporation And UBS It was supported by.
Fnality tokenizes the largest fiat currencies and creates digital versions of them. Money held in central banks is used to guarantee tokenized fiat currencies.
Fnality had conducted a concept study between the Ethereum blockchain and the Fnality Payment System on how tokenized securities could be issued on public blockchains in 2022.
Rhomaios Ram, CEO of Fnality, which uses the omnibus accounts of the Bank of England, said that they could put the payment system they developed into use in October 2022.