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[Fnality Completes $136 Million Series C Funding, Plans to Expand USD and EUR Payment Systems] London-based blockchain payment company Fnality announced the completion of a $136 million Series C funding round, led by WisdomTree, with participation from Bank of America, Citibank, KBC Group, Temasek, and Tradeweb. Existing investors include financial institutions such as Santander Bank, Barclays Bank, BNP Paribas, DTCC, Euroclear, Goldman Sachs, ING Group, Nasdaq, State Street Bank, and UBS. Fnality focuses on leveraging distributed ledger technology to develop regulated payment systems based on central bank digital currencies, aiming to optimize traditional wholesale payment processes and address issues such as high costs, slow speeds, and lengthy cross-border settlement times. The company plans to expand its GBP payment system to USD and EUR markets, targeting the cross-border payment sector valued at over $120 billion.

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