Tokenized fund liquidity platform Fission has closed a $10 million Series A round, according to Fortune. Pantera Capital led the financing, with participation from Circle Ventures, Borderless Capital and Ari Rubenstein. The round was completed in September, and the company did not disclose its valuation.
Fission is building around a specific problem in tokenized markets: fund interests can be difficult to sell quickly. The company says it steps in as the buyer, allowing investors to exit positions without waiting for the fund redemption process. Users connect a digital wallet and submit a sale request, while Fission handles the legal and transaction workflow in the background.
CEO Jonathan Shaffer said some products that normally take about 200 days to sell can be sold immediately for a fee, with settlement completed in 90 seconds or less. Founded in 2024, Fission was started by former employees of Point72 and Securitize. Its current client base includes institutional investors and organizations holding on-chain assets, such as hedge funds with tokenized private credit or equity exposure, crypto firms managing treasury assets, and stablecoin issuers allocating reserves to yield-bearing tokenized investment products.
Tokenized fund liquidity platform Fission has raised $10 million in a Series A round led by Pantera Capital, according to Fortune. Circle Ventures, Borderless Capital and Ari Rubenstein also participated.
The financing was completed in September, and the company did not disclose its valuation.
Fission targets liquidity in tokenized fund interests
Fission is focused on a problem in tokenized funds: investors often cannot turn fund interests into cash quickly. The platform says it acts as the buyer, allowing investors to sell their interests without waiting for the fund to process a redemption.
Users connect a digital wallet and submit a sale request. Fission handles the legal and transaction process in the background.
Company says some sales can settle in 90 seconds or less
CEO Jonathan Shaffer said investors can pay a fee to sell immediately in products that would normally take about 200 days to sell, with settlement completed in 90 seconds or less.
Founded in 2024
Fission was founded in 2024 by a team that includes former employees of Point72 and Securitize.
Its customers currently include institutional investors and organizations that hold on-chain assets, including hedge funds with tokenized private credit or equity holdings, crypto firms managing treasury assets, and stablecoin issuers that place reserves in yield-bearing tokenized investment products.
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