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Ironlight raises $21M to expand regulated infrastructure for tokenized securities

Crypto Briefing
Ironlight Group secured $21 million in Series A funding to expand its regulated infrastructure for tokenized securities.

Summary

Ironlight Group has successfully raised $21 million in a Series A funding round, backed by figures like former TD Bank CEO Greg Braca and institutions such as Sei Development Foundation. The capital will be used to scale Ironlight Markets, a regulated alternative trading system (ATS) operating under SEC and FINRA oversight. This platform is designed to handle the issuance, distribution, and trading of tokenized assets like private equity, fixed income, and real estate, merging traditional brokerage infrastructure with blockchain settlement. CEO Rob McGrath stated the aim is to modernize capital markets infrastructure while adhering to regulations. This expansion occurs amid growing interest in tokenization, where real-world assets are converted into digital tokens for easier trading and settlement, as evidenced by the tokenized equity market surpassing $1 billion.

(Source:Crypto Briefing)