Huma Finance, a financial payments platform (PayFi) powered by tokenized real-world assets (RWAs), has completed a $38 million Capital round. The Capital includes $10 million from Capital investments and $28 million from RWAs that carry interest on the San Francisco-based company’s platform.
The Capital was led by Distributed Global, a distributed Capital capital firm, with participation from major partners such as Hashkey Capital, Folius Ventures, Stellar Development Foundation, and TIBAS Ventures – the investment arm of İşbank, Turkey’s largest private bank. Stellar Development Foundation is the largest investor in RWA with an investment of $10 million.
With this Capital , Huma Finance will expand its PayFi platform to the Solana blockchain and Stellar ’s Soroban smart contract network in the coming months.
Tokenized RWA is one of the fastest growing applications of blockchain technology, with financial institutions and global digital asset companies rapidly moving traditional financial instruments such as bonds, credits, and funds onto Distributed Ledger. This process brings greater operational efficiency, faster settlement, and increased transparency.
Huma Finance's PayFi platform is designed to meet liquidation needs in the trade finance sector using blockchain technology, providing faster, more efficient and accessible services than traditional methods.
Earlier this year, Huma Finance merged with Arf to focus on tokenizing RWA assets, with both companies operating independently under a common entity to provide a comprehensive cryptoasset platform. The two companies expect to reach $10 billion in financial settlement transaction value next year.
