Superstate secures $82.5 million in Series B funding, announced in New York, bringing total raised to over $100 million, and plans to accelerate issuing SEC-registered stocks as tokenized assets on Ethereum and Solana.

The funding supports a regulatory-first approach, ensuring each tokenized stock is a genuine registered security to align with U.S. securities law.

IDrive emphasizes protecting cloud applications data by backing up services like Office 365, Google Workspace, Dropbox, and Salesforce to prevent downtime and data loss.

Okara debuts as an AI platform offering access to 30+ open-source models through encrypted infrastructure, targeting teams handling proprietary code and strategy.

The piece includes sponsorship blocks and lists multiple podcasts and channels related to AI, tech, and business.

Soxton provides AI-powered law automation for startups, covering incorporation, advisor agreements, employment, and commercial contracts, with an early access waitlist.

Zoho Books expands UK tax compliance with CT600 and Final Accounts Filing for micro-entities, assisting various business structures with tax obligations.

Possible market impacts include faster settlement, fewer custodial layers, and tokenized equities as collateral in DeFi, though challenges include legacy stock transfer integration and investor education on blockchain ownership.

Analysts view the funding as a bellwether for institutional interest in compliant blockchain market infrastructure, signaling maturation beyond pure crypto venture capital.

FAQ clarifies business model, leadership, use of funds, differences between tokenized stocks and cryptocurrencies, dual-network strategy, and potential investor impact.

The funding round was co-led by Bain Capital Crypto and Distributed Global, with participation from Haun Ventures, Galaxy Digital, Bullish, and other crypto-focused investors, signaling strong institutional support.

CEO Robert Leshner says tokenization will catalyze capital markets transformation this year, highlighting growth and ambitions in the space.