Superstate Secures $82.5M Series B to Boost Onchain IPO Platform Development

Superstate Secures $82.5 Million in Series B Funding

Superstate, a fintech tokenization firm, raised $82.5 million in Series B funding.
The round was led by Bain Capital Crypto and Distributed Global with participation from Haun Ventures, Brevan Howard Digital, Galaxy Digital, Sentinel Global, Bullish, Hypersphere Capital, and Flowdesk.
Funds will accelerate development of Superstate's tokenization and IPO infrastructure platform.

Opening Bell Platform Features

Enables firms to tokenize stock on [Ethereum](https://holder.io/coins/eth/) and [Solana](https://holder.io/coins/sol/).
Facilitates capital raising through an onchain Direct Issuance Program (DIP) without wrapped tokens or fiat-to-crypto bridges.
Acts as an SEC-registered Transfer Agent, allowing real-time market transactions with stablecoins.
Allows seamless movement of tokenized assets between wallets and chains with automatic shareholder registry updates.

Notable Implementations

SharpLink Gaming Inc. plans to tokenize its SEC-registered common stock on Ethereum via Opening Bell, marking the first SEC-registered public company to do so.
Forward Industries intends to tokenize its common stock on Solana via Opening Bell, indicating a shift to 24/7 global trading facilitated by blockchain technology.