RWA platform Fortunafi completes $9.51 million strategic seed round financing

RWA tokenization platform Fortunafi announced the completion of a $9.51 million strategic seed round financing with a valuation of $48 million. Shima Capital, Manifold, Jordan Fish (aka Cobie), Ari Litan of LayerZero Labs, Austin Green of Llama, Evanss6, and Scott Lewis participated in the investment. Fortunafi also announced the launch of a new stablecoin protocol called Reservoir, which is expected to go live next month. In addition, it will collaborate with Index Coop to launch real-world asset index tokens.