BlockBeats News, September 10, According to official sources, BiFinance has completed a $10 million Series B financing round at a $200 million valuation. The round was led by the Liberland National Sovereign Wealth Fund, Sunfund Fortuna Global Opportuines, with participation from Victus Global.
In recent years, BiFinance has been expanding its presence in the Real World Asset (RWA) tokenization field, establishing a relatively complete application and transaction system. Its TGT gold token improves the settlement efficiency of the traditional gold market to the second level through on-chain cross-border settlement, reducing transaction costs by about 65%; its SDMT stock token achieves on-chain circulation of stock assets within a compliance framework, providing unprecedented accessibility to global investors.
With its practical experience in asset tokenization such as gold and stocks, BiFinance has become one of the few platforms globally capable of driving the large-scale implementation of RWA. It is reported that this round of financing will further strengthen BiFinance's leading position in the RWA field and accelerate its expansion in the global capital markets.