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Fnality

A network of distributed financial market infrastructures

Details

Fnality began as a research project to explore how Distributed Ledger Technology (DLT) could transform financial markets. This project drew the interest of a consortium of financial institutions, who wanted to investigate how blockchain and DLT could be used to settle securities trades with tokenised cash assets. This initiative was known as the Utility Settlement Coin (USC) Project and its primary goal was to create a peer-to-peer digital cash asset to settle tokenised transactions with finality.

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Significant Events

Nov, 2023

Fnality raised $ 95 M in Series B round

Jun, 2019

Fnality raised $ 63.2 M in Series A round