Superstate, a company focused on fintech and tokenization, just announced a significant move: closing $82.5 million in Series B funding. The round was led by Bain Capital Crypto and Distributed Global, with well-known investors such as Haun Ventures, Brevan Howard Digital, Galaxy Digital, Bullish, and ParaFi also participating.
The use of these funds is quite clear—mainly to continue refining Opening Bell, a blockchain-based IPO issuance platform that enables companies to go public through blockchain pathways. Moving traditional finance onto the chain is still a relatively cutting-edge exploration at present.
Against the backdrop of the SEC increasingly emphasizing tokenized assets, Superstate's funding round can be seen as a correct bet on the right direction. The influx of institutional investors reflects a strong confidence in the long-term prospects of this field. The future development of Opening Bell will depend on the SEC's stance and the overall regulatory progress in the industry.
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PonziDetector
· 7h ago
Another funding news, this time betting on Opening Bell, but to be honest, the SEC's stance is still a big question mark.
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LayoffMiner
· 7h ago
Haha, another 82.5 million. Is this time really going to bring the IPO onto the chain? Honestly, I'm a bit looking forward to the follow-up of Opening Bell, but it still depends on how the SEC will respond.
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ChainMaskedRider
· 7h ago
Another big funding news, this time it's Superstate with an $82.5 million Series B round. They’re quite capable of raising funds.
Opening Bell wants to do an on-chain IPO, sounds impressive, but honestly, it depends on how the SEC responds. Without proper regulation, it's all just talk.
So many major institutions are coming in to take over, it seems they all bet that this path can work, but I still have some reservations.
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ContractExplorer
· 7h ago
Traditional IPO on the blockchain? Sounds good, but it really depends on the SEC giving the green light...
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MetaverseLandlord
· 7h ago
It's the same fundraising narrative again. Whether Opening Bell can truly get off the ground still depends on the SEC's attitude.
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RugPullSurvivor
· 7h ago
Opening bell sounds pretty interesting, but to be honest... it still depends on how the SEC plays out, otherwise it will all be for nothing.
Superstate, a company focused on fintech and tokenization, just announced a significant move: closing $82.5 million in Series B funding. The round was led by Bain Capital Crypto and Distributed Global, with well-known investors such as Haun Ventures, Brevan Howard Digital, Galaxy Digital, Bullish, and ParaFi also participating.
The use of these funds is quite clear—mainly to continue refining Opening Bell, a blockchain-based IPO issuance platform that enables companies to go public through blockchain pathways. Moving traditional finance onto the chain is still a relatively cutting-edge exploration at present.
Against the backdrop of the SEC increasingly emphasizing tokenized assets, Superstate's funding round can be seen as a correct bet on the right direction. The influx of institutional investors reflects a strong confidence in the long-term prospects of this field. The future development of Opening Bell will depend on the SEC's stance and the overall regulatory progress in the industry.