The round was also supported by Valor Capital Group and Jump Trading Group as new investors and JPMorgan, Standard Chartered and Temasek as existing shareholders.

“We see a very bright future for blockchain-based frictionless, cross-border transactions,” Humphrey Wallenbreder, CEO of Partior, said in a statement. “Having some of the best banks and investors in the world supporting our vision makes it even more possible.” Validates."

According to the company, this new round will enable it to advance new capabilities such as intraday FX swaps, cross-currency repo, programmable enterprise liquidity management and just-in-time multi-bank payments.

It said the investment will significantly aid Partior's international network growth and the integration of additional currencies into its network, including AED, AUD, BRL, CAD, CNH, GBP, JPY, MYR, QAR and SAR.

Shailendra Singh, MD, Peak

Furthermore, Pradyuman Agarwal, MD, Investments (Blockchain), Temasek, said this latest round of investment is “a testament to the incredible progress Partior has made towards this endeavour”.