According to CoinMeta, as reported by Businesswire, the bank-led digital currency network cari has completed a $32.5 million Series A financing round. The banks that participated in the investment include First Horizon Bank, Huntington Bank, KeyBank, M& T Bank, Old National Bank, SouthState Bank, and Glacier Bank. The funds raised will be used to promote bank adoption, integration, and the expansion of tokenized deposits and programmable currency applications.