Cari (Series A)
Funding Details
Awarder
Inbox
Date Award
September 3, 2026
Vertical
Financial Technology
Funding Amount
$32,500,000
Company Info
Founders
Gene Ludwig
Market
Banking
Location
Washington, DC, United States
Coinvestors
First Horizon Bank, Glacier Bank, Huntington National Bank, KeyBank, M&T Bank, Old National Bank, SouthState Bank
Company Description

The Cari Network is the first tokenized deposit network connecting chartered banks on a shared ledger, delivering instant, 24/7/365 settlement without leaving the regulatory perimeter. Built on a permissioned Layer-2 blockchain anchored to Ethereum, it brings commercial deposits on-chain while preserving the safety and benefits of traditional bank money.

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