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News September 11, 2024

Tokenized Real-World Asset (RWA) Platform Huma Finance Gets $38M Investment, Plans Expansion to Solana Blockchain, Stellar’s Soroban

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Tokenized Real-World Asset (RWA) Platform Huma Finance Gets $38M Investment, Plans Expansion to Solana Blockchain, Stellar’s Soroban

Huma Finance secured a $38 million investment to advance its payment-financing platform, incorporating $10 million in equity and $28 million in yield-bearing RWAs. The platform will expand to the Solana blockchain and Stellar’s Soroban smart-contract network. The investment aims to enhance Huma’s ability to address the liquidity needs of trade financing through blockchain technology.