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Fnality International

Fnality International is a fintech company building a global network of regulated, DLT-based wholesale payment systems (Fnality Payment Systems) that let banks settle transactions in real time using digital cash fully backed by funds held at central banks. Its flagship Sterling Fnality Payment System (£FnPS) is the world's first fully regulated distributed ledger technology-based payment system, operated by its UK subsidiary and regulated by the Bank of England. Clients are wholesale banks and financial institutions seeking real-time, 24/7, cross-border settlement, liquidity optimisation, and interoperability with tokenised asset markets.
London, GB

Fnality International

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Description

Fnality is a global consortium of banks developing a regulated payment system for tokenized assets, aiming to overcome the limitations of traditional payment systems in handling digital asset transactions. The platform, originally conceived as the Utility Settlement Coin (USC) Project, focuses on providing efficiency, scalability, and security for cross-border settlements, ultimately reducing counterparty risk. As a key player in enabling the growth and adoption of tokenized assets, Fnality addresses the challenges in financial markets through its innovative approach to distributed ledger technology.
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