On-chain IPO platform Superstate announces completion of $82.5 million funding round, led by Bain Capital Crypto and Distributed Global

Odaily News: On-chain IPO platform Superstate has announced the completion of an $82.5 million funding round, led by Bain Capital Crypto and Distributed Global, with participation from Galaxy Digital, Haun Ventures, Brevan Howard Digital, and others. The project's main business is to establish regulated blockchain capital market infrastructure, allowing SEC-registered companies to issue digital shares directly to investors and settle transactions on public chains such as Ethereum and Solana. Currently, Superstate manages assets exceeding $1.2 billion.