Security Token Group, a Miami, FL-based provider of a venture studio focused on building financial infrastructure to support the growth and development of the security token industry, raised $3M in Series A funding.
The round was led by Blue Bay Ventures, Blizzard Fund, Exodus and Miami Tech.
The company intends to use the funds to expand across its other business verticals, Security Token Advisors and Security Token Capital.
Led by CEO Herwig Konings, Security Token Group is a venture studio focused on building financial infrastructure to support the growth and development of the security token industry. It consists of three main business subsidiaries, including:
- Security Token Market, a large repository of security token trading data and news, with a live-trading data feed for over 200 security tokens currently valued at $20B in market capitalization while also tracking over 500 primary offerings,
- Security Token Advisors, a consulting firm in the security token industry, assisting asset owners ranging from business owners and family offices with large real estate portfolios to governments and sovereign funds in executing a successful securitization leveraging blockchain technology, and
- Security Token Capital, the conglomerate supports asset issuers across the entire lifecycle of an investment.