Today42m ago
Project update
Fission Raises $10M to Make Tokenized Funds Liquid
Fission closed a $10M Series A led by Pantera Capital, joined by Circle Ventures, Borderless Capital and angel Ari Rubenstein. New Form and gumi Cryptos returned too.
Exiting a tokenized fund usually means waiting for its redemption window, which can take about 200 days. Fission buys the shares itself for a fee and settles in stablecoins in 90 seconds or less, 24/7. Clients include hedge funds, crypto treasuries and stablecoin issuers holding tokenized assets.
Fission plugs into Centrifuge, which opens faster exits for tokenized funds from Apollo, Janus Henderson and New York Life Investments.
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