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Tokenized Securities Infrastructure Developer Ironlight Group Completes $21 Million Series A Funding
Deep Tide TechFlow News, on March 16, according to PRNewswire, tokenized securities infrastructure developer Ironlight Group announced the completion of a $21 million Series A funding round. This round was participated in by senior executives from Wall Street and the financial services sector, including Greg Braca, former President and CEO of TD Bank, as well as institutional investors such as Sei Development Foundation and Laidlaw Private Equity.
The funds raised will be used to expand two major business segments: Ironlight Markets’ Alternative Trading System (ATS), which integrates securities issuance, distribution, and trading functions, operating under the SEC ATS regulations and FINRA regulatory framework; and Ironlight Technologies, which provides platforms and settlement services for tokenized securities.