Ironlight Group, an Austin, TX-based financial technology company, has raised $21 million in a Series A funding round.
The round also saw backing from Greg Braca, Sei Development Foundation, and Laidlaw Private Equity.
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The company plans to use the funds to grow Ironlight Markets’ ATS, which combines issuance, distribution, and trading, and to expand Ironlight Technologies, which provides the platform and settlement options for tokenized securities.
Ironlight Group, Inc. is a fintech company building infrastructure for tokenized securities. Its platform supports assets like private equity, structured products, fixed income, private credit and real estate. Combining traditional market systems with blockchain-based settlement helps institutions and wealth advisors streamline post-trade processes.
After appointing Greg Braca as Executive Chairman, Ironlight Group is moving forward with building its marketplace as tokenized securities become more popular in private markets and alternative assets.
“Ironlight Group was created to update core market systems in a way institutions can use,” said Rob McGrath, CEO of Ironlight Group Inc. “This funding will speed up the development of a marketplace that brings together key capital markets functions within U.S. regulations.”
“The question is no longer whether assets can be tokenized, but whether institutions can trade them safely. We believe Ironlight Group is building the missing infrastructure needed for institutions to take part in tokenized securities markets,” said Hugh Regan, Managing Member at Laidlaw Private Equity.
About Ironlight Group
Founded in 2022 by Rob McGrath, Ironlight Group Inc. is an Austin-based fintech company building infrastructure for global tokenized securities markets. Its subsidiary, Ironlight Markets, LLC (CRD 330576), is a registered broker-dealer and FINRA member that provides M&A advisory and private placements and operates an Alternative Trading System for both digital and traditional securities.
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