Parfin, a crypto infrastructure company, announced the completion of a $10 million Series A round of financing, led by ParaFi Capital, with participation from Framework Ventures, L4 Venture Builder and Núclea. Parfin plans to use this financing to continue developing its core product, the Rayls network, and expand into the Latin American market. Rayls is a licensed EVM blockchain for enterprises developed by Parfin, mainly used for tokenization, central bank digital currency (CBDC) and inter-institutional transactions. The system requires all accounts to pass KYC compliance and can be connected to the DeFi world through the Rayls public chain. (TheBlock)