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

TownSquare said the new Pre-A round brought total financing to $16.25 million, with participation from World Liberty Financial Ecosystem Fund, OKX Ventures, Animoca Ventures, and other crypto-focused investors.

Summary

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.

Terms & Concepts
  • yield protocol: A blockchain-based system designed to generate returns for users, often through lending, staking, or structured asset products.
  • cross-chain brokerage: A service that helps users access or move assets across different blockchain networks rather than staying on a single chain.