Superstate Raises $82.5 Million, Cashing in on Wall Street's Tokenization Bonanza

Tokenization-focused startup Superstate has raised $82.5 million in a Series B funding round, the company announced Thursday, underscoring the growing popularity of bringing traditional Wall Street assets on-chain. The round was led by Bain Capital’s crypto division and Distributed Global. The funds of numerous prominent crypto investors also participated, including Katie Haun’s Haun Ventures and Mike Novogratz’s Galaxy Digital. Superstate builds infrastructure that moves traditional assets, like stocks an ...