Superstate raises $82.5m Series B for tokenized securities platform - Ledger Insights - blockchain for enterprise

Funding Rounds

▤ Summary

Superstate closed an $82.5 million Series B led by Bain Capital Crypto and Distributed Global with participation from Brevan Howard Digital, Galaxy Digital, Haun Ventures and others. The company tokenizes securities at the transfer agent level, including a notable partnership with Galaxy to tokenize a Nasdaq-listed stock and provide investors full shareholder rights rather than derivative exposure. Superstate operates as an SEC-registered investment adviser and transfer agent and emphasizes a regulated compliance approach. It launched Opening Bell to enable public companies to issue tokenized stock on Ethereum and Solana with stablecoin settlement, and plans Direct Issuance Programs expected to launch in 2026 following standard SEC filings.

$ Funding

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Amount $82.5M Total raised
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Date January 22, 2026 Announcement date
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Investors Bullish, 1kx, Nasdaq, SEC, Galaxy Digital Lead investors
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Company superstate.com Funded company

▥ Classifications

industries
Fintech & Banking
applications
No applications detected

◇ AskAI Classifications

Labels
SaaS Fintech Software Blockchain Infrastructure

▦ Linked Companies

Superstate
$10M to $25M