Navra, founded by SoFi and Figure co-founder Mike Cagney to make on-chain lending and securities markets more accessible, raised a $19M Series A led by Ribbit (Ryan Lawler/Axios)
Navra’s $19M Series A signals continued investor confidence in on-chain financial infrastructure, especially tools that could make lending and securities markets more accessible and efficient. For CIOs and technology leaders, the strategic takeaway is that blockchain-based capital markets are moving closer to practical enterprise use cases, but adoption will depend on strong controls around compliance, security, data integration, and interoperability with existing financial systems.
