Modular Capital

We are huge believers in real-world assets (RWAs) and the power of tokenizing traditional assets on-chain at Modular Capital. Today we're excited to share our investments in Superstate and Mamori Labs - Kinto which are building the next generation products & infra in this space. Superstate is building a modern asset management firm. They raised $14M to build full stack compliant & tokenized publicly registered investment funds. The traditional asset management space is rife with issues, with legacy investment products being siloed, slow to settle, not transparent nor real time, and lacking composability. Compliant tokenization solves these issues for the modern financial world. Superstate's first offering will be the Superstate Short-Term Government Bond Fund, bringing treasury yields on-chain. They are doing this the hard way, closely working with regulators via open-ended mutual fund with the secondary ownership records tracked on-chain. We're fortunate to partner with Robert Leshner and the rest of his founding team (Reid Cuming Jim Hiltner, CFA Dean Swennumson). They bring a breadth of crypto-native experience from Compound Labs along with deep tradfi / fintech roots that uniquely position them to make this a reality. Mamori Labs - Kinto is building the first KYC'ed Layer 2, specifically designed to connect TradFi institutions, RWA protocols, capital and users. This is being built on OP stack, with Kinto handling all the heavy lift including KYC, AML, investor accreditation, account abstraction, insurance & fraud monitoring. These reduce friction, help onboard capital & users, and enable RWAs to thrive on-chain. They're raised $5M from funds including ParaFi Capital The Spartan Group and we are thrilled to partner with Ramon Recuero Víctor Sánchez Alan Keegan in their journey. We're incredibly active on the RWA space at Modular Capital and fortunate to invest behind exceptional founders and teams Superstate Mamori Labs - Kinto RWA.xyz Centrifuge Maple Polytrade and many others. Hit us up if you're building in this space and we'd love to chat! https://lnkd.in/ewjhmTM6

We are thrilled to announce a $14m first close of our Series A financing, led by Distributed Global and CoinFund. This capital allows us to build programmable, compliant, transparent tokenized investment funds for U.S. market participants. We’re excited to work with participating investors Breyer Capital, Galaxy, Arrington Capital, Road Capital Management, CMT Digital, Folius Ventures, Nascent, Hack VC, Modular Capital, and The Department of XYZ. #SeriesAFunding #InvestmentTrends #BlockchainTechnology #AssetManagementInnovation #VentureCapital #Tokenization #RealWorldAssets #DigitalAssets #FinancialServices #InnovationinFinance