Fission, a New York-based startup founded in 2024, has raised $10 million in Series A funding to address liquidity issues in tokenized funds. Pantera Capital led the round with participation from Circle Ventures, Borderless Capital, and Ari Rubenstein. The platform enables investors to sell their tokenized fund shares in 90 seconds, compared to the traditional process that takes approximately 200 days. The company has eight employees and primarily targets institutional investors, hedge funds, and crypto organizations holding such assets.
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