On January 22, on-chain IPO issuance platform Superstate closed an $82.5 million Series B funding round. The round was led by Bain Capital Crypto and Distributed Global, with participation from Haun Ventures, Brevan Howard Digital, Galaxy Digital, Bullish, ParaFi, and several other crypto-focused investors. Superstate will further expand its footprint in the on-chain capital market, leveraging blockchain technology to revamp how companies raise capital and go public.
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