Crypto Live News

Author: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.


Fnality, a blockchain-based wholesale payments firm backed by Nomura Group, has raised £77.7 million ($95.09 million) in a second round of funding. Global investment bank Goldman Sachs and French universal bank BNP Paribas led the funding round, along with participation from settlement houses Euroclear, Depository Trust, and Clearing Corporation. Other investors included WisdomTree, Banco Santander, BNY Mellon, Barclays, CIBC, Commerzbank, ING, Lloyds Banking Group, Nasdaq Ventures, State Street, Sumitomo Mitsui Banking Corporation, and UBS. The funds will be used to create a global liquidity management network for new digital payment models and tokenized asset markets, as well as to launch the Sterling Fnality Payment System in 2023, subject to approval by the Bank of England.  

Leave a Reply

Your email address will not be published. Required fields are marked *