According to a ChainCatcher report citing Cointelegraph, the on-chain IPO issuance platform Superstate has completed an $82.5 million Series B funding round, led by Bain Capital Crypto and Distributed Global, with participation from Haun Ventures, Brevan Howard Digital, Galaxy Digital, Bullish, ParaFi, and several other crypto-focused investors. Superstate will further expand into on-chain capital markets, leveraging blockchain technology to revolutionize how companies raise funds and go public.
Chain-on IPO Platform Superstate Completes $82.5M B-Round Financing
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Summary
Chain-on IPO platform Superstate has closed an $82.5 million B-round led by Bain Capital Crypto and Distributed Global, with support from Haun Ventures, Brevan Howard Digital, Galaxy Digital, Bullish, and ParaFi. The platform aims to expand on-chain capital markets using blockchain to transform fundraising and IPO processes. On-chain data will play a key role in its strategy, while on-chain analysis will help refine market entry and investor targeting.
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