Parfin is a crypto-infrastructure provider that equips banks and other financial institutions with tools for secure digital asset custody, on-chain settlement, and tokenization. Its platform supports use cases such as trade finance, credit markets, and institutional payments, enabling clients to move traditional operations onto blockchain rails. The company’s offerings are designed to make stablecoin settlement, particularly with USDT, more practical and accessible in regions where traditional financial infrastructure is limited. Through its partnership with Tether, Parfin plans to scale these tools to deepen institutional adoption of stablecoins across Latin America. The collaboration positions Parfin to become a key conduit for cross-border payments and asset tokenization in emerging markets. No revenue, user, or other operating metrics were disclosed in the article, but Parfin’s strategic focus indicates growth through expanded institutional relationships and product integration with Tether’s ecosystem.

Total raised

$26M

Funding rounds

5

Latest round

Series A

Latest activity

Aug 2024