Ironlight raises $21 million to expand its compliant tokenized securities infrastructure

PANews reported on March 16th, citing PR Newswire, that Ironlight Group, a fintech company focused on tokenized securities infrastructure, announced the completion of a $21 million Series A funding round. The round was led by several Wall Street and financial services executives, including former TD Bank President and CEO Greg Braca, as well as institutional investors such as the Sei Development Foundation and Laidlaw Private Equity. The funds will be used to expand its SEC Regulation ATS and FINRA-regulated Alternative Trading System (ATS), Ironlight Markets, and Ironlight Technologies, which provides a platform for the issuance, distribution, and settlement of tokenized securities. Ironlight currently supports the tokenization and on-chain atomic settlement of assets such as private equity, structured products, fixed income, private credit, and real estate.