Ironlight secures $21M to Build Tokenized Securities Marketplace
Cointelegraph
Ironlight Group raised $21 million in Series A funding to scale its marketplace infrastructure for tokenized securities.Summary
Ironlight Group successfully raised $21 million in a Series A funding round to expand its infrastructure for tokenized securities. This funding will be used to scale its alternative trading system (ATS) and technology platform, which supports the issuance, distribution, and trading of digital securities across asset classes like private equity, fixed income, and real estate. The round was backed by institutional investors and financial executives, notably led by former TD Bank President and CEO Greg Braca, and included the Sei Development Foundation. Ironlight operates under SEC Regulation ATS and FINRA oversight, aiming to streamline post-trade processes for institutional investors using blockchain-based settlement.
(Source：Cointelegraph)