TownSquare Raises Pre-A Funding, Bringing Total Capital to About $16.25 Million

TownSquare announced a new Pre-A funding round that brought its total financing to $16.25 million. The company had previously said it operates a real-world asset yield protocol and that the capital would support institution-backed yield products and cross-chain brokerage. In the new announcement, TownSquare identified participants in the round as World Liberty Financial Ecosystem Fund, Auros Ventures, OKX Ventures, Moca Network, Amber Group, Arcane, SHV, Animoca Ventures, and GEM. The update adds investor detail to TownSquare’s previously disclosed funding and product expansion plans.

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