Ironlight raises $21 million to expand its compliant tokenized securities infrastructure
Ironlight Group, a fintech company focused on infrastructure for tokenized securities, 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 private equity, structured products, fixed income, and other tokenized securities.