Andrés Engler was a CoinDesk editor based in Argentina, where he covers the Latin American crypto ecosystem. He holds BTC and ETH.
Funds will be used to strengthen its global expansion, with an emphasis on Latin America, Europe and Asia, among other projects.
The company will use the funds to expand its enterprise-grade blockchain, Rayls, hire more staff and fund its global expansion, with a focus on Asia, Latin America, and Europe. The round was led by ParaFi Capital and included crypto investment firm Framework Ventures, L4 Venture Builder, and Núclea as participants. The company said it has raised $38 million so far.Parfin’s clients include B3 Digitas, a digital asset services subsidiary of B3, the Brazilian stock exchange; and Banco BV, one of Brazil’s largest banks.
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