Pantera Leads $10 Million Fission Funding Round To Solve Tokenized Fund Liquidity Problem
Photo: NewsBTC
TL;DR: Tokenization infrastructure firm Fission has raised $10 million in a funding round led by Pantera Capital. It wants to make it easier for eligible investors to sell tokenized private-market holdings without waiting for traditional fund redemption periods. The tokenization industry has spent years promising faster transfers of financial assets. Fission now wants to solve a more difficult problem: what happens when an investor wants their money back? The financial technology company announced on October 15 that it had raised $10 million in a round led by Pantera Capital, with participation from Circle Ventures and other investors.
Source: NewsBTC
