Fosun-backed Finloop Completes Multi-Million Dollar Series A Funding Round with Participation from Solana Foundation

By: theblockbeats.news|2025/07/31 14:32:21
0
Share
copy

BlockBeats News, July 31st, according to Finloop, a technology company under Fosun's Star Road Technology, recently completed a nearly multimillion-dollar Series A financing round, with investors including the Solana Foundation and other Web3 industry organizations.

This round of financing will be used to rapidly build and enhance the company's Web5 new business ecosystem - RWA (Real World Assets), enhance its comprehensive ability to integrate fiat currency, stablecoins, and digital assets, and provide financial institutions with a one-stop technology solution that connects the traditional financial and digital asset worlds.

According to the introduction, Star Road Technology's strategic concept is based on Web5, and its business model mainly supports B2B service platforms for all categories of financial products. It does so by supporting full-category products from Web2 (such as cash management, public funds, private funds, bonds, bills, insurance, etc.) and full-category products from Web3 (such as standard financial assets RWA, non-standard asset RWA, VATP, virtual asset ETF, overseas stablecoins, Hong Kong stablecoins, etc.) through a full set of end-to-end technological solutions and an AI operation platform. Web5, born from the integration of the two, not only continues the security and compliance of the essence of finance but also unleashes the infinite possibilities of the digital world.

-- Price

--

You may also like

a16z New Article: Predictive Markets Entering Fast-Forward Phase

Data, systems, and transactions are accelerating the institutional penetration of the market.

a16z founder: In the age of Agents, what truly matters has changed

The best programmers in the future may not need to write code, but they must have strong logical reasoning and system architecture thinking, because code will become a cheap commodity due to AI.

The President of Kyrgyzstan meets with Sun Yuchen, and TRON collaborates with Kyrgyzstan to build a new pattern of digital economy in Central Asia

This meeting focused on the global trends in digital financial transformation, the construction of regulatory frameworks for virtual assets, and the strategic layout of the TRON ecosystem in Central Asia, marking a substantial phase in the cooperation between TRON and Kyrgyzstan in the fields of blo...

46 minutes, $292 million stolen, DeFi faces development dilemma again

"Let's withdraw from DeFi first, it's too dangerous. This time the damage is much greater than Drift/Cowswap..." said well-known DeFi investor Dovey Wang.

How to Earn Free USDT in 2026: No High Volume Required (WEEX Poker Party Guide)

Is Joker Crypto legit in 2026 or just another memecoin? Can You Really Earn Passive Income with Joker Crypto in 2026? Learn how Joker staking rewards work, how to earn NFT bonuses, expected APY ranges, gas-fee rebates, and how to avoid crypto scams before joining.

How to Get Free USDT Welcome Bonus in 2026: Earn Up to 700 USDT on WEEX

Legit Free Welcome Bonus 2026: Learn how to earn up to 700 USDT on WEEX with Auto Earn Boost Fest. Increase your balance, activate Auto Earn, and qualify automatically.

Contents

Popular coins

Latest Crypto News

Read more