As the tokenized stock craze accelerates off the back of Hyperliquid’s “growth mode,” Ostium, a decentralized tokenized RWA exchange, has announced a new Series A round led by Jump Crypto and General Catalyst.
“Today, we’re pleased to announce $24M in new funding, including a $20M Series A led by Jump Crypto and General Catalyst, with participation from Coinbase Ventures, Wintermute Ventures, Crucible Capital, and many of our earliest users,” said Ostium founder Kaledora Kiernan-Linn on X.
While Hyperliquid-based platform TradeXYZ has garnered recent attention amongst tokenized equity traders, Ostium has been one of the top onchain destinations for RWA trading since April, when the exchange recorded more than $4 billion of perpetual volume.
To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
