Ironlight secures $21M to Build Tokenized Securities Marketplace

Ironlight Group has raised $21 million in a Sequence A spherical to develop infrastructure for tokenized securities, together with scaling its different buying and selling system (ATS) and know-how platform for issuing, distributing and buying and selling digital securities.

The privately held firm said the spherical included backing from institutional buyers and monetary companies executives, led by former TD Financial institution President and CEO Greg Braca, together with the Sei Growth Basis.

The funds can be used to develop Ironlight’s market infrastructure for tokenized belongings, together with the Ironlight Markets different buying and selling system and its settlement platform. The corporate operates a broker-dealer and different buying and selling system for digital and conventional securities below SEC Regulation ATS and FINRA oversight.

Austin, Texas-based Ironlight mentioned its platform is designed to help tokenized securities throughout asset lessons together with non-public fairness, mounted earnings, structured merchandise, non-public credit score and actual property, with blockchain-based settlement supposed to streamline post-trade processes for institutional buyers and wealth advisers.

The corporate added that the capital will help additional growth of its market as tokenized securities acquire traction throughout non-public markets and different belongings.

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Sei Basis broadens ecosystem initiatives

The Sei Growth Basis, which participated within the funding spherical, launched in 2025 as a US-based nonprofit supporting adoption of the Sei blockchain community. Funded by the Sei Basis, the New York-based group helps builders by funding applications, schooling initiatives and ecosystem partnerships.

In March 2025, the Sei Basis mentioned it was exploring a possible acquisition of genetic testing company 23andMe following its chapter submitting, proposing that the corporate’s genetic knowledge may very well be positioned on blockchain infrastructure to give customers better management over their info. The proposal didn’t materialize right into a deal.

The muse has additionally pursued partnerships round blockchain infrastructure. In February, Nasdaq-listed AIxCrypto announced a strategic know-how association with the Sei Growth Basis to discover integrations combining synthetic intelligence and blockchain techniques.

Within the first quarter of 2026, Bhutan’s sovereign wealth fund, Druk Holding and Investments (DHI), mentioned it might deploy and function a validator on the Sei network in collaboration with the Sei Growth Basis as a part of the nation’s digital transformation efforts.

Sei is a layer-1 blockchain launched in 2023 that focuses on infrastructure for decentralized purposes and digital asset buying and selling. The community is backed by buyers together with Multicoin Capital, Bounce and Coinbase Ventures.

Information from CoinGecko shows the value of SEI (SEI) at about $0.069, up about 11% over the previous seven days, giving the token a market capitalization of round $465 million. The token’s worth peaked above $0.37 in mid-2025.

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