CandleFocus Tokenized RWA Platform Huma Finance Gets $38M Investment, Plans Expansion to Solana and Stellar’s Soroban
2024-09-11
Author: Content Editor
Huma Finance, a payment-financing platform built on tokenized real-world assets, has closed a $38 million investment round. The round consisted of $10 million in equity investment and $28 million in yield-bearing real-world assets on Huma's platform. Investors included Distributed Global, Hashkey Capital, Folius Ventures, Stellar Development Foundation, and TIBAS Ventures. The funds will be used to expand the platform to the Solana blockchain and Stellar's Soroban smart-contract network. Huma Finance merged with cross-border payments firm Arf earlier this year and the two are projected to reach $10 billion in payments-financing transactions next year.
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