Lombard Systems Completes $4 Million Seed Round Led by Ethereal Ventures

Odaily reports that Lombard Systems (formerly SemiLiquid) has announced the completion of a $4 million seed round led by Ethereal Ventures, with participation from ALPS Capital, First Commit, Veris Ventures, and ATKA. Lombard Systems provides financing infrastructure for tokenized securities and maintains the "Delivery versus Lock" (DvL) standard. This standard allows banks, brokers, and transfer agents to accept tokenized assets and digital assets as collateral without moving assets out of their original securities accounts; assets remain locked in the owner's name, while lenders receive enforceable security interests evidenced by cryptographically signed credit certificates.