{"id":87093,"date":"2023-11-15T20:04:23","date_gmt":"2023-11-15T18:04:23","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=87093"},"modified":"2025-09-13T09:37:25","modified_gmt":"2025-09-13T06:37:25","slug":"blockchain-startup-founded-by-compound-founder-raises-14m","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/blockchain-startup-founded-by-compound-founder-raises-14m\/","title":{"rendered":"Blockchain startup founded by Compound founder raises $14m"},"content":{"rendered":"<p>Superstate, focused on managing tokenised <span data-descr=\"Real World Assets \u2014 real-world assets\" class=\"old_tooltip\">RWA<\/span>-assets, has raised $14m.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">1\/2 We\u2019re thrilled to announce our Series A financing, led by <a href=\"https:\/\/twitter.com\/DistributedG?ref_src=twsrc%5Etfw\">@DistributedG<\/a> &amp; <a href=\"https:\/\/twitter.com\/coinfund_io?ref_src=twsrc%5Etfw\">@Coinfund_io<\/a>, with Breyer Capital, <a href=\"https:\/\/twitter.com\/galaxyhq?ref_src=twsrc%5Etfw\">@GalaxyHQ<\/a>, <a href=\"https:\/\/twitter.com\/Arrington_Cap?ref_src=twsrc%5Etfw\">@Arrington_Cap<\/a>, <a href=\"https:\/\/twitter.com\/RoadCapMgmt?ref_src=twsrc%5Etfw\">@RoadCapMgmt<\/a>, <a href=\"https:\/\/twitter.com\/CMT_Digital?ref_src=twsrc%5Etfw\">@CMT_Digital<\/a>, <a href=\"https:\/\/twitter.com\/FoliusVentures?ref_src=twsrc%5Etfw\">@FoliusVentures<\/a>, <a href=\"https:\/\/twitter.com\/nascentxyz?ref_src=twsrc%5Etfw\">@Nascentxyz<\/a>, Hack VC, <a href=\"https:\/\/twitter.com\/Modular_Capital?ref_src=twsrc%5Etfw\">@Modular_Capital<\/a>, Department of XYZ, and angel investors participating.<\/p>\n<p>\u2014 Superstate (@superstatefunds) <a href=\"https:\/\/twitter.com\/superstatefunds\/status\/1724811663789211676?ref_src=twsrc%5Etfw\">November 15, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The round was led by CoinFund and Distributed Global. Participants included Arrington Capital, Breyer Capital, CMT Digital, Folius Ventures, Galaxy Digital, Hack VC, Modular Capital, Nascent, Road Capital Management and the XYZ unit.<\/p>\n<p>Led by the founder of the DeFi platform Compound, Robert Leshner, the startup will deploy the funds to expand the team and create regulated private funds for institutional investors in the United States.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cTo date, first-generation tokenised funds have struggled \u2013 they either operate within private blockchains, or exist in offshore entities, depriving U.S. investors of access,\u201d <a href=\"https:\/\/www.businesswire.com\/news\/home\/20231115010087\/en\/Asset-Management-Firm-Superstate-Announces-14m-Series-A-Financing\">\u0437\u0430\u044f\u0432\u0438\u043b<\/a> \u041b\u0435\u0448\u043d\u0435\u0440.<\/p>\n<\/blockquote>\n<p>According to CoinFund founder and CEO Jake Brukhman, Superstate\u2019s approach could bridge the gap between high-quality, compliant financial products that meet the requirements, and the vast advantages and innovations that DeFi can offer.<\/p>\n<p>In June the startup <a href=\"https:\/\/u1f987.com\/en\/news\/compound-chief-executive-to-launch-ethereum-fund-focused-on-u-s-treasury-securities\">filed an application<\/a> with the <span data-descr=\"Securities and Exchange Commission\" class=\"old_tooltip\">SEC<\/span> to launch an open-ended mutual fund based on Ethereum.<\/p>\n<p>Bernstein analysts estimate that tokenisation could reach assets worth <a href=\"https:\/\/u1f987.com\/en\/news\/report-tokenisation-could-cover-5-trillion-of-assets-in-the-next-five-years\">$5 trillion<\/a> over the next five years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Superstate, focused on tokenised Real World Asset (RWA) assets, raised $14m.<\/p>\n","protected":false},"author":1,"featured_media":87094,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1282,1133],"class_list":["post-87093","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-asset-tokenization","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"13","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/87093","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=87093"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/87093\/revisions"}],"predecessor-version":[{"id":87095,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/87093\/revisions\/87095"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/87094"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=87093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=87093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=87093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}