IOST Raises $21M to Expand Tokenized Asset Infrastructure

Blockchain platform IOST has secured a $21 million funding round from investors DWF Labs, Presto, and Rollman Management Group to bolster its tokenized asset infrastructure. This investment underscores the increasing demand for compliant blockchain solutions in financial markets. The funds will be directed towards enhancing scalability and ensuring regulatory compliance with IOST’s modular blockchain platform, enabling it to support a wider range of applications.