Putting a fund onchain doesn’t change when investors can redeem.
I started Fission to close the liquidity gap that exists in private markets. Grateful to @PanteraCapital, @circle ventures and our investors for backing us with a $10M Series A.
Fission has raised $10M in Series A funding, led by @PanteraCapital.
We’re building the liquidity infrastructure for the next generation of tokenized financial products.
Eligible investors can now access capital without waiting for a fund's scheduled redemption window.
More in Fortune: https://t.co/S8RReIlMFI
Liquidity changes what a tokenized fund can do.
For issuers, it can broaden access to onchain capital. For investors, it can make fund positions more useful as collateral in lending markets.
Our CRO @BenditOnchain explains how Fission connects private markets with DeFi.
Really enjoyed chatting with @Solofunk about why I believe private markets are where tokenization can make the biggest difference. Thanks for having me!
Ep. 02 of Conviction with @Solofunk is live.
Our guest is @doctorfission, CEO & Co-Founder of @FissionXYZ.
His Conviction: The opportunity of tokenization lies in democratizing private markets, not public ones.
00:00 Introduction
00:53 Jonathan's Conviction
01:49 Private Market Problems
05:32 Fission Swap Walkthrough
07:38 The Upgrade to Legacy Fund Structures
09:46 Fission's Series A & Working Capital
11:29 How Does Fission Quote?
13:21 How Fission Enables Integration with DeFi
17:17 Liquidity Means Better Products
18:34 Private Products in Diversified Portfolios
23:06 Inevitability of Tokenized Private Markets
Private markets are where tokenization gets really interesting.
Our CEO @doctorfission joins @Solofunk on Conviction to discuss liquidity, portfolio diversification, and what's next for Fission.
From months of paperwork to a one-minute exit.
Our CEO @doctorfission shares a real customer experience with Fission, showing how immediate liquidity can transform the experience of investing in private markets.
Putting a fund onchain doesn’t change when investors can redeem.
I started Fission to close the liquidity gap that exists in private markets. Grateful to @PanteraCapital, @circle ventures and our investors for backing us with a $10M Series A.
Fission has raised $10M in Series A funding, led by @PanteraCapital.
We’re building the liquidity infrastructure for the next generation of tokenized financial products.
Eligible investors can now access capital without waiting for a fund's scheduled redemption window.
More in Fortune: https://t.co/S8RReIlMFI
Tokenization gets interesting past stocks. When whole portfolios become programmable and composable, they can be traded and rebalanced in real time. BlackRock sees where this is going.
BlackRock sees tokenization moving beyond individual assets to entire portfolios that can be traded, rebalanced and managed onchain.
But tokenization is only the first step. Those portfolios also need liquidity.
We agree.
Tokenized private credit is about 0.4% of the $1.4T in US private-credit funds and BDCs, per @Dune’s latest report and the Federal Reserve.
Most of the market has yet to move onchain.
Honored to be featured in this one!
Collateral is only as useful as its exit. For funds that take months to redeem, @fissionxyz makes that exit instant.
Pantera's latest State of Tokenization report is out.
We analyzed the $332bn tokenization market across 671 assets.
Institutions entered in force this quarter. J.P. Morgan, HSBC and Fidelity launched onchain products.
BlackRock's BUIDL moved $441mn onchain in June, runs a $1bn daily redemption facility, and is now accepted as collateral.
On the consumer side, Robinhood Chain hit $888mn in weekly RWA volume in August, two months after launch.
Collateral markets matured, with private credit putting 45% of its matched value to work in DeFi.
The lack of a market-structure bill didn't stop tokenized stocks. A five-year SEC exemption lets the market keep developing under current rules.
Full report: https://t.co/KXsUwci9fD