Fnality has successfully raised $136 million in a Series C funding round, signaling strong support from major players in Wall Street and Europe for its innovative payment system. This funding is crucial as it aims to create a regulated settlement layer that bridges traditional finance with digital assets, enhancing the efficiency and security of financial transactions. This development is significant as it not only boosts investor confidence but also paves the way for a more integrated financial ecosystem.

Fnality, a blockchain payment firm, has successfully raised $136 million in a funding round led by major banks including Bank of America, Citi, and WisdomTree. This significant investment will help Fnality expand its blockchain settlement network, which is crucial for enhancing the efficiency and security of financial transactions. The backing from such prominent financial institutions highlights the growing confidence in blockchain technology and its potential to revolutionize the payment landscape.