IOST Secures $21 Million to Enhance Tokenized Asset Infrastructure Expansion
Modular blockchain platform IOST has secured $21 million in a strategic funding round aimed at enhancing its real-world asset (RWA) infrastructure in regulated markets.
- The funding was led by DWF Labs, Presto, and Rollman Management Group.
- Funds will support product development, validator growth, and ecosystem integrations.
- Initial focus on Japan and the Asia-Pacific region, with ongoing expansion into the Middle East, Europe, and North America.
- IOST is one of the few public blockchains approved by the Japan Virtual Currency Exchange Association (JVCEA).
- CEO Blake Jeong emphasized the commitment to building scalable, compliant infrastructure for tokenized assets.
- The protocol features a high-performance Layer 1 chain and EVM-compatible subnets tailored for RWA issuance and compliant DeFi.