Tokenization infrastructure firm Fission has raised $10 million in a funding round led by Pantera Capital, with participation from Circle Ventures. The company is developing solutions to enable eligible investors to sell their holdings in tokenized private-market funds more quickly, without waiting for traditional redemption periods. The core challenge addressed by Fission is that tokenization, while making transfers and recordkeeping more efficient, does not automatically create a liquid market. Pantera’s investment suggests that solving practical market problems may be at least as commercially significant as launching another blockchain-based financial product.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
