"Tok-Edge has confirmed a valuation of $15 million following a successful $1.5 million seed round led by veteran investor Marcus Meijer, who is expected to anchor the upcoming fund with an initial commitment of up to $10 million."
"The redemption token is a first-of-its-kind crypto-asset designed to bridge the gap between regulated fund structures and the flexibility of decentralized finance, allowing for permissionless portability while maintaining ownership rights."
"Unlike traditional fund shares, which are often locked behind administrative hurdles, the redemption token can circulate freely on public blockchains and can be traded on secondary exchanges or used within DeFi protocols for yield and liquidity."
Tok-Edge has emerged with a $15 million valuation after a $1.5 million seed round led by Marcus Meijer. The firm plans to secure a $100 million first close for its flagship fund later in 2026. Central to its strategy is the redemption token, which bridges traditional finance and decentralized finance. This token allows for permissionless portability and can be traded on secondary exchanges, enhancing liquidity and utility for investors while maintaining ownership rights with fund shares.
Read at news.bitcoin.com
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