Fnality Secures $136M Series C to Bridge TradFi and Tokenized Assets
Fnality International has raised $136 million in a Series C funding round led by financial heavyweights including Bank of America, Citi, and WisdomTree. The London-based firm, which has now amassed over $280 million in total backing since 2019, is building regulated payment infrastructure to connect traditional markets with digital assets.
The fresh capital will accelerate expansion of Fnality's Sterling Payment System, a Bank of England-approved platform for wholesale digital asset transactions. The company plans to extend its infrastructure to additional currencies while developing interoperability with stablecoins and tokenized deposits.
Notable participants in the round include Goldman Sachs, UBS, Euroclear, and Temasek—a consortium reflecting institutional confidence in blockchain-based settlement solutions. Fnality's technology represents a critical evolution in financial plumbing, enabling real-time, cross-border transactions with central bank money.