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Fortunafi: Financial infrastructure for cryptocurrency and RWA sectors, providing liquidity solutions and enabling asset tokenization.
Based in Miami, Florida, Fortunafi provides liquidity solutions and financial infrastructure for the cryptocurrency and real-world asset sectors by enabling the tokenization of traditional assets on blockchain networks. The company develops decentralized finance yield products, alternative lending solutions, and operates the Reservoir stablecoin protocol, which issues the rUSD stablecoin backed by a combination of digital and physical assets. Operating with a team of approximately 10 employees, the enterprise generates under $5 million in annual revenue and has secured $9.5 million across strategic and seed funding rounds. Fortunafi serves institutional investors and protocol treasuries, maintaining strategic partnerships with entities like MakerDAO and Arbitrum while receiving financial backing from Shima Capital, Manifold, and Claure Group. The organization was initially incubated by Space Whale Capital and officially founded in 2020 by Nick Garcia and his co-founder Jason.
Fortunafi has raised $10.0M across 1 funding round.
Fortunafi has raised $10.0M in total across 1 funding round.
Fortunafi has raised $10.0M in total across 1 funding round.
Fortunafi's investors include 7percent Ventures, Alumni Ventures, Hoxton Ventures, Pi Labs, Ribbit Capital, Two Sigma Ventures, Brian Sugar, Esteban Ordano, Gokul Rajaram, Matthew Hackett, Omid Ashtari, Paul Forster.
Fortunafi is an on-chain financial institution specializing in tokenized real-world assets (RWAs) and liquidity solutions for the cryptocurrency and blockchain sectors.[1][2][3][5] It offers investment products like private and public debt funds, enabling native minting and redemption on blockchains such as Blast, Canto, and Arbitrum, with exposure to short-term US Treasury ETFs, tokenized stocks (e.g., Coinbase, Robinhood), US equity indices, and quantitative strategies.[1][3][5] Fortunafi serves stablecoin issuers, protocol treasuries, DAOs, traditional financial entities, and individual/institutional investors seeking on-chain yield and diversified holdings, solving liquidity and tokenization challenges in DeFi by verticalizing the process from asset creation to redemption without traditional intermediaries.[1][2][3][5]
Founded in 2020 and based in Miami, Florida, with a remote global team of 10-15 employees, Fortunafi has gained traction through partnerships, such as tokenizing Hilbert Capital's V1 Fund on Coinbase's Base in October 2024, positioning it as a key player in bringing compliant RWA infrastructure to Web3 protocols and institutions.[1][3]
Fortunafi was founded in 2020 in Miami, Florida, emerging amid the growth of DeFi and blockchain adoption to address liquidity needs in crypto ecosystems.[1][3] Specific founders are not detailed in available sources, but the company quickly focused on vertically integrated tokenization infrastructure, enabling seamless on-chain exposure to RWAs like treasuries, equities, and strategies.[3][5] Early pivotal moments include deploying products on major chains like Blast, Canto, and Arbitrum, and key partnerships such as the October 2024 tokenization of Hilbert Capital's V1 Fund on Base, which highlighted its role in bridging traditional finance with DeFi.[1][3] This evolution from a liquidity provider to a comprehensive tokenized asset protocol reflects the founder's vision for compliant, intermediary-free financial products tailored for stablecoin issuers and treasuries.[2][4]
Fortunafi rides the RWA tokenization trend, which tokenizes trillions in real-world assets like treasuries and equities onto blockchains, unlocking liquidity for DeFi amid rising institutional crypto adoption.[1][3] Timing aligns with 2024-2025 growth in on-chain finance, fueled by regulatory clarity, Base's expansion, and demand from stablecoin issuers for yield-bearing collateral.[1][5] Market forces favoring it include blockchain scalability improvements and competition from firms like e-States (real estate tokenization) and DEFYCA (private credit), where Fortunafi stands out via multi-asset focus and vertical integration.[1] It influences the ecosystem by enabling protocols and DAOs to diversify holdings on-chain, reducing reliance on off-chain assets and accelerating DeFi's convergence with TradFi.[2][3]
Fortunafi is poised to expand its RWA suite with more chain deployments and partnerships, capitalizing on tokenized treasury and equity demand as institutions allocate to on-chain yields.[3][5] Trends like AI-driven quant strategies (e.g., Hilbert integration) and multi-chain interoperability will shape its growth, potentially increasing AUM through stablecoin collateralization.[1][5] Its influence may evolve from niche liquidity provider to core RWA infrastructure, driving broader DeFi maturity—reinforcing its origins as a 2020 pioneer now essential for blockchain-native finance.[2][3]
Fortunafi has raised $10.0M across 1 funding round. Most recently, it raised $10.0M Seed in May 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2024 | $10.0M Seed | 7percent Ventures, Alumni Ventures, Hoxton Ventures, Pi Labs, Ribbit Capital, Two Sigma Ventures, Brian Sugar, Esteban Ordano, Gokul Rajaram, Matthew Hackett, Omid Ashtari, Paul Forster, Pierre Lavaux, Trevor McFedries, Ari Litan, Austin G., Evanss6, Jordan Fish, Scott Lewis, Manifold, Shima Capital |