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Benzinga
Benzinga
Business
Murtuza Merchant

Nomura Joins Other Big-Name Financial Players To Back Blockchain Startup Fnality

Nomura NYSE blockchain ING Nomura Holdings Inc Euroclear SMBC Tokyo

Tokyo-based bank Nomura Holdings Inc. (NYSE:NMR) has invested in Fnality, a blockchain-based interbank payment and settlement network that is now sponsored by 17 major financial institutions.

What Happened: After raising £50 million ($54 million) Series B funding in 2019, Fnality is in the process of raising a similar amount again.

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