Huma Finance Secures $38M to Transform Trade Finance with Blockchain
- Huma Finance raises $38 million in Series A funding to enhance its PayFi platform.
- Funding includes $10 million in equity and $28 million in income-generating real-world assets (RWA).
- Key investors include Distributed Global, Hashkey Capital, and Stellar Development Foundation.
- Funds will expand operations on the Solana and Stellar Soroban blockchain networks.
Huma Finance’s PayFi platform is set to revolutionize trade finance by leveraging tokenized real-world assets (RWA) to meet liquidity needs, offering a more efficient alternative to traditional methods.
This successful funding round signifies a broader acceptance of blockchain technology in traditional finance, positioning Huma Finance as a key player in the future of trade finance.