• 28 September, 2024
Market News Solana

Huma Finance Raises $38M, Expands to Solana & Stellar Soroban

Huma Finance raised $38M in a funding round, including $10M in equity and $28M in tokenized real-world assets (RWA). Investors like Distributed Global, Hashkey Capital, and Stellar Development Foundation participated. The funds will expand Huma’s PayFi platform to Solana and Stellar's Soroban network. Merging with Arf, Huma aims to enhance tokenization of RWAs, targeting $10 billion in payments-financing transactions next year by improving trade finance liquidity via blockchain technology.

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