Fnality has successfully raised $136 million in a Series C funding round, a significant boost that will help accelerate its efforts in developing distributed ledger technology (DLT) for wholesale settlement. This funding is crucial as it positions Fnality to enhance the efficiency and security of financial transactions, potentially transforming the landscape of wholesale banking. The backing from prominent investors like Goldman Sachs underscores the growing confidence in DLT solutions, which could lead to faster and more reliable settlement processes in the financial sector.

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.