Tokenized RWA Platform Huma Finance Receives $38 Million Investment

Huma Finance has closed a $38 million investment round to strengthen its payments finance (PayFi) platform built on tokenized real-world assets (RWA).

The investment round consists of a $10 million equity investment and $28 million in yield-bearing RWAs across the San Francisco-based company’s platform.

Investments in the stocks were led by venture capital firm Distributed Global, with participation from Hashkey Capital, Folius Ventures, Stellar Development Foundation and TIBAS Ventures, the venture arm of İş Bankası, Turkey’s largest private bank. Stellar Development Foundation was the largest contributor on the RWA side with $10 million.

Huma co-founder Erbil Karaman explained that the real-world assets are multi-tranche bonds of different maturities issued by Switzerland-based Arf Capital under Swiss DLT laws.

The company said the investment will help expand the platform to the Solana blockchain and Stellar’s Soroban smart contract network in the coming months.

The PayFi platform aims to meet the liquidity needs of trade finance using blockchain technology and reports that it offers more efficient, more accessible services than traditional alternatives.

Huma Finance merged with Arf earlier this year to focus on the tokenization of RWAs. The two operate independently under a common holding company to offer a full-stack tokenized asset platform. Huma says the combined two companies will reach $10 billion in payments finance transactions next year.

“Huma’s PayFi network marks a paradigm shift in payments finance, bringing essential liquidity and interoperability to an industry that has long been plagued by inefficiencies and limited access,” said Chao Deng, CEO of Hashkey Capital, one of the company’s investors.