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Fortunafi raises $9.51M in strategic and seed funding rounds, unveils stablecoin protocol Reservoir

May 29, 2024•over 1 year ago

Amount Raised

$9.51 Million

Round Type

seed

MiamiCryptocurrencyLendingFintechFinancial Services

Investors

Scott LewisEvanss6Austin GreenAri LitanJordan Fish (Aka Cobie)ManifoldShima Capital

Description

Fortunafi, a tokenization platform, announced raising $9.51 million in strategic and seed funding rounds and unveiled its new stablecoin protocol called Reservoir. The funding rounds included investors such as Shima Capital, Manifold, Jordan Fish (aka Cobie), Ari Litan of LayerZero Labs, Austin Green of Llama, Evanss6 and Scott Lewis.

Company Information

Company

Fortunafi

Location

Miami, Florida, United States

About

Fortunafi is an onchain financial institution that delivers an all-in-one liquidity solution for stablecoin issuers, protocol treasuries, and traditional entities. Our offerings include a variety of investment products, such as private and public debt funds. We acquire, pool, and tokenize real-world assets (RWAs) on-chain, offering a comprehensive suite of services.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers