Superstate Secures $82.5 Million in Series B Funding to Expand Blockchain Market Infrastructure

Superstate Secures $82.5 Million in Series B Funding to Expand Blockchain Market Infrastructure

The $82.5 million funding round, led by Bain Capital Crypto and Distributed Global, will help Superstate further develop its blockchain-based platform for SEC-registered digital securities issuance on Ethereum and Solana.

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Fact Check
The assessment is based on a strong consensus across a wide range of sources. Seven of the eight provided sources explicitly state that Superstate raised exactly $82.5 million in its Series B funding round. This includes highly authoritative reports from The Block, a top-tier industry publication. Multiple other sources, including news reports from cryptocurrency exchanges like Bitget and Phemex, consistently corroborate this precise figure.The single minor discrepancy is a headline from CoinDesk, another high-authority source, that states '$82 million'. However, this is considered a negligible conflict because the article's own URL contains 'usd82-5-million', suggesting the headline is likely a rounded figure for brevity. Furthermore, the provided summary acknowledges this as a 'slight variance'. The overwhelming and consistent evidence from all other sources strongly supports the $82.5 million amount, making the statement highly credible.
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Summary

Superstate has raised $82.5 million in Series B funding, led by Bain Capital Crypto and Distributed Global, with additional support from Haun Ventures, Brevan Howard Digital, Galaxy Digital, Bullish, and ParaFi. This investment will further advance the company's blockchain infrastructure for regulated digital securities issuance on Ethereum and Solana, targeting institutional adoption. Superstate currently manages over $1.2 billion in assets.

Terms & Concepts
  • Blockchain capital market infrastructure: A technology framework that enables traditional financial instruments like stocks and bonds to be issued, traded, and settled on blockchain networks.
  • SEC (U.S. Securities and Exchange Commission): The U.S. government agency responsible for regulating securities markets and protecting investors.
  • Ethereum and Solana: Blockchain platforms that support creation and transfer of digital assets and smart contracts (self-executing blockchain code).