Fission Raises $10 Million to Boost Asset Liquidity

The New York startup secured funding in September 2026 to improve trading for tokenized private fund shares.

Updated on Oct. 15, 2026 in Startups

Fission Raises $10 Million to Boost Asset Liquidity

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New York-based startup Fission closed a $10 million Series A funding round in September 2026. The platform aims to solve liquidity challenges within the tokenized private fund market by facilitating asset sales.

Why it matters

The company intends to use the capital to address the significant liquidity hurdles often faced by investors in tokenized private funds. By managing the underlying legal and trading mechanics, the platform streamlines the sale of these digital assets.

Fission raised $10 million in Series A funding, building on a $1.6 million pre-seed round. The current staff count for the New York-based startup is eight employees.

The players

Fission

This New York-based startup focuses on improving liquidity for tokenized private fund shares.

Pantera Capital

This investment firm led the Series A funding round for Fission.

Federated Hermes

This financial institution is planning to enter the tokenized product market in 2027.

The details

Fission allows investors to connect digital wallets and submit sales for tokenized fund shares, with the startup handling all necessary legal and trading mechanics. The platform focuses on replacing the traditional, often slow, process of liquidating these investment products.

Fission was founded in 2024.
The Series A funding round closed in September 2026.
The Series A funding announcement occurred in October 2026.
Federated Hermes expects to launch its first tokenized product in early 2027.

Market Landscape

The startup aims to disrupt the traditional 200-day settlement cycle for private funds by providing a platform that targets a 90-second maximum settlement time. This shift positions Fission to capture market share from traditional firms reliant on legacy liquidation processes.

Investors currently burdened by long wait times when selling private fund products may find increased liquidity through the platform's automated mechanics. The startup effectively reduces the typical 200-day wait to a 90-second maximum settlement window.

The takeaway

Tokenized private funds are seeing increased interest as platforms work to remove historical barriers to asset liquidity. Investors looking to improve their portfolio mobility should monitor the development of these digital trading infrastructures.