Ironlight Group raises $21 million to expand tokenized securities ATS platform

Ironlight Group said it raised $21 million from Greg Braca, the Sei Development Foundation, and Laidlaw Private Equity to scale Ironlight Markets ATS for regulated tokenized securities. The broader tokenized market is projected to reach $2 trillion to $11 trillion by 2030, while tokenized stocks hit a $1.05 billion market cap after 10% growth over the past 30 days. Ethereum, Solana, and BNB Chain lead settlement with nearly $400 million, $286 million, and $230 million respectively.