BlockBeats News, June 27, Tokenization infrastructure project Metal has completed its seed round financing with co-leads from Airwallex and Capital49. As part of the investment, Airwallex has joined Metal as its inaugural design partner.

Metal is positioned as infrastructure for tokenized financial products, aiming to provide full-stack infrastructure for various tokenized financial products and services, covering institutional-grade privacy and compliance, native custody support, identity and authorization, and global fiat on/off-ramps in as many countries and currencies as possible.