Tokenization Platform Huma Finance Merges With Circle-Backed Liquidity Platform Arf

Huma Finance, a tokenization platform for real-world assets, has merged with Arf, a liquidity and settlement platform focused on cross-border payments, to improve the adoption of tokenized assets. "The merger combines two of the most prominent blockchain use cases — tokenizing real-world assets and cross-border payments — into a single full-stack platform" Huma Finance co-founder and co-CEO Erbil Karaman told The Block. As part of the deal, Huma and Arf will become part of the newly formed 00 Holdings Inc., the holding entity, Karaman said. But both firms will continue operating separately under their existing names and brands, he added.

Read the full story at The Block.