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Former Ren Protocol Founder Loong Wang Launches Metal After Seed Round Led by Airwallex and Capital49

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2026-06-26 07:14:05
Metal, a settlement network for tokenized financial products founded by former Ren Protocol founder Loong Wang, has completed a seed funding round co-led by Airwallex and Capital49. According to ChainCatcher, Airwallex is also joining the project as its first design partner.

The project was co-founded by Wang and Catherine Porter, described as a former partnerships lead for the Libra project. Metal said it is building institutional-grade, full-stack infrastructure for tokenized financial products, with native support for AI agents, identity verification, and authorization.

Metal also said it plans to offer global on- and off-ramp channels covering 200 countries and 90 currencies.
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