Goldman, BNP Paribas lead Fnality’s $95M round

Blockchain payments startup Fnalityhas raised a new $95 million funding round.

Goldman Sachs and BNP Paribas led the round. Euroclear, DTCC, WisdomTree and Nomura also participated.

The company is known for creating tokenized versions of major currencies, which are collateralized by cash held at central banks. So far, it has tokenized fiat currencies including US dollars, euros, British pounds, Canadian dollars, and Japanese yen.

According to the team, the primary goal of this funding is to facilitate the development of a global liquidity management ecosystem. This will support new digital payment models in both traditional wholesale financial markets, and the emerging sector of…

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