Goldman, BNP Lead $95 Million Investment in Blockchain Firm Fnality
- Other investors include Euroclear, Nomura, Wisdom Tree
- Blockchain starting to see more use in financial services
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Fnality International Ltd., which is developing a blockchain-based wholesale payment system, raised £77.7 million ($95.2 million) in a funding round led by Goldman Sachs Group Inc. and BNP Paribas SA.
Other investors in the London-based company’s round also include the Depository Trust & Clearing Corp., Euroclear, Nomura Holdings Inc. and Wisdom Tree Inc., Fnality Chief Executive Officer Rhomaios Ram said in an interview. He declined to say what the investment values Fnality at.