Fission Labs bills itself as the first DeFi application built to bring venture capital on-chain and has launched a closed testnet on Ethereum. The platform provides an end-to-end stack for tokenization, decentralized exchange, decentralized lending, and automated liquidity provisioning to simplify buying and trading private ventures. It debuted a VC secondaries token called TECH as an initial offering on the testnet. The team includes CeFi and DeFi veterans from Point72, MakerDAO, and Compound, and Jonathan Shaffer is CEO and co‑founder. Fission emphasizes institutional-grade compliance while aiming to open access to American private companies and deliver liquidity for private funds to a global community. Financially, the company announced a $1.6M pre-seed raise to support its early rollout.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Oct 2024