We are delighted to welcome Nomura as a new shareholder, supporting our vision for a regulation-first, real-time, wholesale payments system.
Nomura’s investment strengthens our position to expand our presence in capital markets across Europe, the US and Japan, and puts us one step closer to launch.
Rhomaios Ram, Fnality CEO: “We at Fnality are excited to draw on Nomura’s extensive experience in capital markets as we expand beyond the UK.”
Angel Issa, Nomura’s Global Head of Corporate Development and Strategic Investments, commented: “We are delighted to have joined Fnality as a strategic investor. The transformation of financial services powered by blockchain technology is clearly accelerating, and we believe Fnality is uniquely positioned to capitalize on the significant opportunities brought by this evolution. We look forward to leveraging Fnality’s technology and expertise to continue delivering differentiated value to our clients and partners globally”
The PHA Group
Founded in 2019, Fnality International is a consortium of global banks that is building regulated payment system to support the growing industry adoption of tokenised assets and marketplaces. By using distributed ledger technology (DLT) Fnality offers banks a simpler, faster, safer, and more resilient, risk-free system for managing digital payments.
Fnality International’s network of distributed Financial Market Infrastructures (dFMIs) will provide near-real-time 24/7 settlement capability and interoperating with other platforms, to allow banks to significantly reduce their intraday liquidity requirements.
Fnality’s shareholders include: Banco Santander, BNY Mellon, Barclays, CIBC, Commerzbank, Credit Suisse, Euroclear, ING, KBC Group, Lloyds Banking Group, Mizuho Bank, MUFG Bank, Nasdaq, Nomura, Sumitomo Mitsui Banking Corporation, State Street Corporation, and UBS.
For more information, please visit www.fnality.org
Nomura is a global financial services group with an integrated network spanning over 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Wholesale (Global Markets and Investment Banking), and Investment Management. Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com.