PANews June 26 news, former Ren Protocol founder Loong Wang announced the launch of Metal, a settlement network for tokenized financial products, and the completion of a seed funding round co-led by Airwallex and Capital49, with Airwallex also joining as the first design partner. Metal was co-founded by Loong Wang and former Libra project partnerships lead Catherine Porter, aiming to build an institutional-grade full-stack infrastructure for tokenized financial products, natively supporting AI agents, identity verification and authorization, and providing global on/off-ramp channels covering 200 countries and 90 currencies.