Superstate raises $82.5M to build blockchain-based IPO issuance platform

The funding will support Superstate’s effort to let companies issue and trade regulated shares directly on public blockchains.

Financial technology and tokenization company Superstate has raised $82.5 million in a Series B round as it pushes deeper into onchain capital markets, aiming to modernize the way companies raise money and go public using blockchain.

The round was led by Bain Capital Crypto and Distributed Global, with participation from Haun Ventures, Brevan Howard Digital, Galaxy Digital, Bullish, ParaFi and several other crypto-focused investors, according to a press release shared with Cointelegraph.

“This year, tokenization will catalyze the transformation of capital markets,” said Robert Leshner, CEO of Superstate. “We're grateful to our partners that allow us to grow our best-in-class team, products, and ambitions,” he added.

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