Fission, a New York-based startup, has raised $10 million in Series A funding led by Pantera Capital. The company addresses a liquidity gap in tokenized funds: while traditional redemption processes can exceed 200 days, its platform allows investors to sell shares in approximately 90 seconds. Transactions are settled in stablecoins with atomic settlement, available 24/7. The company targets institutions holding on-chain assets, including tokenized private equity funds and stablecoin reserves. It integrates with the Centrifuge ecosystem and provides access to funds from Apollo, Janus Henderson, and New York Life Investments.
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