Fintech firm Ironlight Group has raised $21 million to scale its infrastructure for the booming tokenized securities market. The round included funding from former TD Bank CEO Greg Braca, the Sei Development Foundation, and Laidlaw Private Equity. The capital will support the expansion of the company’s Ironlight Markets ATS trading platform as competition in the sector intensifies.
Ironlight Group has joined the crowded race to build infrastructure for tokenized securities by securing a $21 million Series A funding round. The investment came from prominent backers including Greg Braca, the former CEO of TD Bank, alongside the Sei Development Foundation and Laidlaw Private Equity. The firm plans to use the funds to scale its Ironlight Markets ATS, which connects issuance, distribution, and trading for regulated assets.
Hugh Regan, a managing member at LaidLaw, emphasized the need for secure infrastructure, stating, We believe Ironlight Group is building the missing layer of infrastructure to support institutional participation in tokenized securities markets. The firm enters a sector already populated by established players like Securitize, Ondo Finance, and Robinhood, all competing for market share.
The rush is fueled by massive growth projections for the tokenized asset market. Analysis from firms like Ark Invest and Deutsche Bank Research suggests the market could reach between $2 trillion and $11 trillion by 2030. This represents enormous potential growth from the current global market cap of $27 billion, excluding stablecoins.
Tokenized stocks, a key segment, have reached a record market cap of $1.05 billion after growing 10% in the past month. The segment sees over $2 billion in monthly transfer volume and has nearly 200,000 holders. At the network level, Ethereum handles nearly $400 million in tokenized securities settlement, leading the market.
Solana and BNB Chain follow as secondary settlement layers, controlling $286 million and $230 million respectively. For investors, tracking these dominant blockchains could provide exposure to the segment’s projected expansion. The ongoing regulatory developments are further contributing to the sector’s rapid momentum.
