Pantera Leads $10 Million Fission Funding Round To Solve Tokenized Fund Liquidity Problem
Summary
Fission raised $10 million in a funding round led by Pantera Capital, with Circle Ventures also participating. The firm is building infrastructure to help eligible investors find secondary-market liquidity for tokenized private-market investments, such as private credit and equity funds. Tokenization can improve recordkeeping and transfers but does not guarantee buyers, instant liquidity, or sale at full value, given fund restrictions and limited redemption windows. Fission plans to use the funding to expand its infrastructure and support more asset managers.
