Huma Finance Raises $38 Million to Enhance PayFi Platform with Tokenized Real-World Assets

Huma Finance Secures $38 Million Investment Round to Enhance PayFi Platform

Huma Finance has successfully closed a $38 million investment round aimed at bolstering its innovative payment-financing (PayFi) platform, which is built on the foundation of tokenized real-world assets (RWAs). This funding round consists of $10 million in equity investment alongside $28 million in yield-bearing RWAs managed through the company’s platform.

The equity portion of this investment was spearheaded by the venture capital firm Distributed Global, with notable contributions from Hashkey Capital, Folius Ventures, the Stellar Development Foundation, and TIBAS Ventures, the investment arm of Türkiye İş Bankası, Turkey’s largest private bank. As for the RWA component, the Stellar Development Foundation emerged as the largest investor, committing $10 million to this venture.

According to Erbil Karaman, co-founder of Huma, the real-world assets involved in this investment consist of multitranche bonds with varying maturities. These bonds are wrapped into exchange-traded products that are issued by Arf Capital, a Switzerland-based firm operating under Swiss DLT regulations.

This strategic investment is set to facilitate the platform’s expansion into the Solana blockchain and the Stellar Soroban smart-contract network in the upcoming months. The rise of tokenized RWAs is rapidly becoming one of the most promising applications of blockchain technology, as global financial institutions and digital asset firms actively seek to bring traditional financial instruments—such as bonds, credit, and funds—onto distributed ledgers. This transformation has the potential to yield operational efficiencies, expedite settlement times, and enhance overall transparency.

The primary goal of the PayFi platform is to address the liquidity demands of trade financing by leveraging blockchain technology. Huma Finance asserts that it provides more efficient and accessible solutions compared to traditional methodologies.

Earlier this year, Huma Finance merged with Arf to focus on the tokenization of RWAs, with both entities continuing to operate independently under a joint holding structure. This collaboration aims to deliver a comprehensive tokenized-asset platform. Collectively, the two companies are projected to achieve $10 billion in payments-financing transactions in the next year, as stated by Huma.

Chao Deng, CEO of Hashkey Capital and one of the investors in Huma, remarked, “Huma’s PayFi network signifies a paradigm shift in payment financing, delivering essential liquidity and interoperability to an industry that has long struggled with inefficiencies and limited access.”