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<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/huma-finance-raises-38-million-to-boost-secure-payment-financing" data-wpel-link="internal" rel="noopener noreferrer nofollow">Huma Finance Raises $38 Million to Boost Secure Payment Financing</a><br></p>
<p style="text-align: justify">San Francisco-based Huma Finance has successfully raised $38 million to expand its payment financing platform. The company plans to leverage <a href="https://en.bitcoinhaber.net/solana-reaches-new-highs" data-wpel-link="internal" rel="noopener noreferrer nofollow">Solana</a> and Stellar’s Soroban smart contract network to enhance the use of tokenized real-world assets (RWAs).</p>
<h2 id="huma-s-dual-strategy-fuels-rwa-expansion">Huma’s Dual Strategy Fuels RWA Expansion</h2>
<p style="text-align: justify">Huma Finance’s $38 million fundraising follows a dual strategy. Initially, $10 million was secured through a direct equity <a href="https://finance.coin-turk.com/" rel="noopener noreferrer nofollow" target="_blank" data-wpel-link="exclude">investment</a> managed by venture capital firm Distributed Global. Other significant contributors include Hashkey Capital, Folius Ventures, Stellar Development Foundation, and TIBAS Ventures, which is connected to Turkey’s İş Bankası.</p>
<p style="text-align: justify">The remaining $28 million is tied to yield-generating real-world assets integrated into Huma’s platform, with Stellar Development Foundation contributing $10 million. Erbil Karaman, Huma’s co-founder, explained that these RWAs are structured as multi-layered bonds with varying maturities and packaged as exchange-traded products (ETPs) issued by Arf Capital, ensuring compliance with Switzerland’s digital ledger <a href="https://newslinker.co/category/technology/" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="exclude">technology</a> (DLT) laws.</p>
<h2 id="partnership-aims-for-10-billion-payment-target">Partnership Aims for $10 Billion Payment Target</h2>
<p style="text-align: justify">At the beginning of 2024, Huma Finance will join forces with Arf, focusing on the tokenization of real-world assets. Despite the merger, both companies will continue to operate independently while offering an integrated platform under a common holding company. Huma expects this partnership to facilitate $10 billion worth of payment financing transactions within the next year.</p>
<h2 id="key-takeaways-from-huma-finance-s-fundraising">Key Takeaways from Huma Finance’s Fundraising</h2>
<p style="text-align: justify">From the recent fundraising, several valuable insights can be drawn:</p>
<ul style="text-align: justify">
 <li>$10 million raised through equity investment led by Distributed Global.</li>
 <li>$28 million tied to yield-generating RWAs, with a significant contribution from Stellar Development Foundation.</li>
 <li>RWAs structured as ETPs to comply with Swiss DLT laws.</li>
 <li>Partnership with Arf aims for $10 billion in payment financing by next year.</li>
</ul>
<p style="text-align: justify">Chao Deng, CEO of Hashkey Capital, emphasized that Huma’s PayFi network introduces essential liquidity and interoperability to a long-inefficient sector, marking a significant paradigm shift.</p>
<p style="text-align: justify">Huma Finance’s recent investment round signifies a crucial step towards building a robust blockchain-supported ecosystem to enhance trade finance solutions. With plans for expansion into Solana and Soroban, the company aims to establish a prominent position in this emerging field.</p>
<h5><span style="font-weight:bold;font-size:16px">Continue Reading: </span> <a href="https://en.bitcoinhaber.net/huma-finance-raises-38-million-to-boost-secure-payment-financing" data-wpel-link="internal" rel="noopener noreferrer nofollow">Huma Finance Raises $38 Million to Boost Secure Payment Financing</a></h5>

Huma Finance Raises $38 Million to Boost Secure Payment Financing

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