The RWA tokenization platform Fortunafi has completed a $9.51 million strategic seed round financing, with participation from Shima Capital and others.

according to The Block, the RWA tokenization platform Fortunafi announced the completion of a $9.51 million strategic seed round financing at a valuation of $48 million, with participation from Shima Capital, Manifold, Jordan Fish (also known as Cobie), Ari Litan from LayerZero Labs, Austin Green from Llama, Evanss6, and Scott Lewis.

It is reported that Fortunafi announced the launch of a new stablecoin protocol called Reservoir, which is expected to go live next month, and will also collaborate with Index Coop to launch a real-world asset index token.

According to the Web3 asset data platform RootData, Fortunafi is an on-chain financial institution that provides integrated liquidity solutions for traditional entities and stablecoin issuers. Fortunafi offers higher-yield investment products through the acquisition, aggregation, and securitization of on-chain real-world assets (RWA).