Fortunafi Completes US$9.51 Million Strategic Seed Round Financing, with Shima Capital and Others Participating

BlockBeats news, on May 30, TheBlock reported that the RWA tokenization platform Fortunafi announced the completion of a strategic seed round of financing of US$9.51 million at a valuation of US$48 million, with Shima Capital, Manifold, Jordan Fish (also known as Cobie), Ari Litan of LayerZero Labs, Austin Green of Llama, Evanss6 and Scott Lewis participating in the investment.

Fortunafi announced the launch of a new stablecoin protocol called Reservoir, which is expected to go online next month, and will also work with Index Coop to launch real-world asset index tokens.