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FORTUNAFI Completes $9.51 Million Funding and Expects to Launch New Stablecoin Protocol

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#DeFi
TechFlow
255Words
May 30, 2024

RWA tokenization platform FORTUNAFI announced that it has completed $9.51 million in strategic and seed rounds of financing, with investors including SHIMA CAPITAL, MANIFOLD, JORDAN FISH (aka COBIE), ARI LITAN of LAYERZERO LABS, AUSTIN GREEN of LLAMA, EVANSS6 and SCOTT LEWIS. FORTUNAFI also announced that it expects to launch a new stablecoin protocol called RESERVOIR next month, and has tokenized more than $15 million in private debt and institutional loans through cooperation with companies such as MAKERDAO and AAVE.

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