Key Takeaways
- • Fission closed a $10 million Series A round led by Pantera Capital to build liquidity infrastructure for tokenized investment funds.
- • The platform lets eligible holders of supported tokenized funds access capital without waiting for traditional redemption cycles.
- • Fission supports tokenized products across private credit, alternatives and other institutional investment strategies, and has already processed millions of dollars in transactions.
- • The round adds Pantera Capital, Circle Ventures, Borderless Capital and Ari Rubenstein to an investor base that includes New Form, gumi Cryptos Capital, Anthony Scaramucci, Manhattan Venture Partners, Reflexive Capital and Lattice Capital.
Summary
Fission, a blockchain-enabled financial technology company, has closed a $10 million Series A funding round led by Pantera Capital, according to the company's announcement. The round was also backed by a group of investors spanning traditional finance and digital assets. The funding will support Fission's expansion across asset coverage, liquidity capacity and institutional integrations.
The company is focused on a structural gap in tokenized funds. While tokenization has changed how fund interests are issued, distributed and settled, tokenized funds still depend on periodic redemption windows, limited secondary liquidity and restrictive financing structures. Fission enables investor liquidity for supported tokenized fund products, allowing eligible holders to access capital outside traditional redemption cycles. The company says it supports a growing universe of tokenized funds across private credit, alternatives and other institutional products, and has already processed millions of dollars in transactions while expanding its capacity through both traditional and on-chain sources of capital.
Fission describes its platform as purpose-built for institutional and permissioned markets. Its infrastructure is designed around investor eligibility, transfer restrictions and compliance requirements that govern regulated investment products, which the company says allows it to bring on-chain liquidity while preserving the controls required by securities markets.
Founder and CEO Jonathan Shaffer said that putting funds on-chain is only the beginning, pointing to broader distribution, continuous liquidity and the use of fund interests as collateral in lending markets. Franklin Bi, General Partner at Pantera Capital, said liquidity is one of the critical pieces needed for funds to move onto digital rails and described Fission's infrastructure as a way to make tokenized funds more liquid and productive.
The round adds Pantera Capital, Circle Ventures, Borderless Capital and Ari Rubenstein to Fission's investor base. Existing backers include New Form, gumi Cryptos Capital, Anthony Scaramucci, Manhattan Venture Partners, Reflexive Capital and Lattice Capital.
The company is focused on a structural gap in tokenized funds. While tokenization has changed how fund interests are issued, distributed and settled, tokenized funds still depend on periodic redemption windows, limited secondary liquidity and restrictive financing structures. Fission enables investor liquidity for supported tokenized fund products, allowing eligible holders to access capital outside traditional redemption cycles. The company says it supports a growing universe of tokenized funds across private credit, alternatives and other institutional products, and has already processed millions of dollars in transactions while expanding its capacity through both traditional and on-chain sources of capital.
Fission describes its platform as purpose-built for institutional and permissioned markets. Its infrastructure is designed around investor eligibility, transfer restrictions and compliance requirements that govern regulated investment products, which the company says allows it to bring on-chain liquidity while preserving the controls required by securities markets.
Founder and CEO Jonathan Shaffer said that putting funds on-chain is only the beginning, pointing to broader distribution, continuous liquidity and the use of fund interests as collateral in lending markets. Franklin Bi, General Partner at Pantera Capital, said liquidity is one of the critical pieces needed for funds to move onto digital rails and described Fission's infrastructure as a way to make tokenized funds more liquid and productive.
The round adds Pantera Capital, Circle Ventures, Borderless Capital and Ari Rubenstein to Fission's investor base. Existing backers include New Form, gumi Cryptos Capital, Anthony Scaramucci, Manhattan Venture Partners, Reflexive Capital and Lattice Capital.
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