Superstate Raises $82.5M in Series B, Expands Tokenization Infrastructure

Superstate, a blockchain infrastructure firm enabling the tokenization of traditional financial assets, raised $82.5 million in a Series B funding round announced January 22, 2026, led by Bain Capital’s crypto arm and Distributed Global, with participation from Haun Ventures and Galaxy Digital. The company facilitates the on-chain representation of stocks, government securities, and other assets on Ethereum and Solana. Its platform has been used by Nasdaq-listed firms including Galaxy Digital and Solana Company to tokenize shares. The move reflects growing adoption across Wall Street, where BlackRock’s BUIDL fund—launched in 2024—has grown into a multi-billion-dollar product across multiple blockchains. The NYSE recently introduced an on-chain trading platform for tokenized equities and ETFs. Superstate CEO Robert Leshner said retail investors will increasingly use tokenized assets as collateral in DeFi, unlocking liquidity for real-world purchases. Coinbase’s new Tokenize service and DTCC’s open approach further signal momentum in asset tokenization. BlackRock’s Jay Jacobs noted accelerating convergence between crypto and traditional finance, calling it a “lucrative” and competitive frontier.