Block Street has successfully raised $11.5 million in a funding round led by Hack VC, with contributions from Generative Ventures and DWF Labs. The capital will be allocated to developing an execution layer for tokenized stocks, focusing on enhancing speed and reliability. The platform aims to integrate with Ethereum, BNB Chain, and Base, which could increase infrastructure activity on these networks.
Co-founder Hedy Wang highlighted the use of Monad’s parallel EVM to ensure settlement guarantees and meet latency expectations. This funding round underscores the growing institutional interest in blockchain-based financial infrastructure, reflecting a broader trend of integrating decentralized finance with traditional financial systems.
Block Street Raises $11.5M to Enhance Tokenized Trading Platform
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