The RWA project Huma Finance has completed a $38 million financing round, led by Distributed Global.

ChainCatcher news, the company Huma Finance, which focuses on the tokenization of real-world assets (RWA), has recently completed a $38 million financing round, which includes $10 million in equity investment and $28 million in revenue-generating RWA.

This round of financing was led by the venture capital firm Distributed Global, with participation from Hashkey Capital, Folius Ventures, the Stellar Development Foundation, and the venture capital arm of Turkey's largest private bank, İşbank's TIBAS Ventures.

The Stellar Development Foundation invested $10 million in the RWA segment, becoming the largest participant.

Huma Finance plans to use this funding to expand its PayFi platform to the Solana blockchain and Stellar's Soroban smart contract network. The company's merger with Arf is expected to achieve a payment financing transaction volume of $10 billion next year.