Block Street, a company specializing in tokenized stock infrastructure, has successfully raised $11.5 million in a strategic funding round led by Hack VC. Other participants in the round include Generative Ventures, DWF Labs, StudioB, and Bridge34. The company is focused on developing the execution and lending layer for tokenized stocks, utilizing a technology stack featuring Aqua (RFQ intent) and Everst (hybrid clearing).
Block Street plans to initially launch its platform on the L1 project Monad in the fourth quarter of this year, with future expansions to Ethereum, BNB Chain, and Base. The team, which includes members from Citadel, Point72, and Google, aims to enhance user experience by launching a transparent dashboard.
Block Street Secures $11.5 Million in Funding Led by Hack VC
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