Miami Florida based FortunaFi is raising $6,350,000.00 in New Equity Investment.
Miami, FL – According to filings with the U.S. Securities and Exchange Commission, FortunaFi is raising $6,350,000.00 in new funding. Sources indicate as part of senior management President, Nicholas Garcia played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About FortunaFi
Fortunafi is a yield and lending protocol for tokenized real world, cash flowing assets. In traditional capital markets and securitizations, the process from asset creation to a final securitization bond product requires numerous counterparties that capital market participants must pay to verify information regarding the assets that are being bought, sold, and financed every day. This results in a less efficient and more expensive process. Fortunafi is verticalizing the entire process by bringing significant efficiencies to Asset Originators and better yields to investors by eliminating the various rent seeking capital market participants. This type of yield has historically only been available to the largest institutional investors (Pension Funds, Sovereign Wealth Funds, Private Equity Funds, Hedge Funds, etc). Fortunafi is made possible by the technologies from Centrifuge, Maker, Balancer, and several other Decentralized Finance projects.
To learn more about FortunaFi, visit http://www.fortunafi.com/
Contact:
Nicholas Garcia, President
305-209-5751
nick@fortunafi.com
https://www.linkedin.com/in/ngarcia3/
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