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Odaily Planet Daily News According to official sources, Accenture announced a strategic investment in Web3 infrastructure provider Parfin through Accenture Ventures. The specific terms of the investment have not yet been disclosed.


According to reports, Parfin was founded in 2019, initially as a company planning to develop regulated stablecoins, and has now developed into an infrastructure provider that provides digital asset custody, trading, tokenization and management tools for financial institutions in Latin America. Parfin is currently developing the EVM-compatible permissioned public chain Parchain, which will enable regulated entities to participate in DeFi and asset tokenization. Parfin CEO Marcos Viriato said the company plans to launch a token for Parchain by the end of the second quarter or the third quarter of this year.
According to news in January 2023, Parfin completed a US$15 million seed round of financing, led by Framework Ventures, with participation from Alexia Ventures, Valor Capital Group, and L4 Venture Builder, an investment fund from the Brazilian Stock Exchange.
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