Tassat Group, Inc., a provider of digital private blockchain-based solutions for institutional transactions, has secured $15.1 million in new funding. This investment round underscores confidence in Tassat's technology and its role in enhancing efficiency and transparency within regulated global markets.
Founded in 2017, Tassat delivers secure infrastructure that enables institutional partners to transact in real-time. Its solutions are designed to provide instantaneous transaction capabilities, addressing the needs of organizations operating in complex financial environments. Tassat also serves as the technology provider for Lynq, a broker-dealer-operated real-time settlement solution that offers treasury yield to institutional clients, in partnership with Arca Labs and tZERO. The company has facilitated over $2.5 trillion in transactions to date, demonstrating its operational scale and reliability.
The newly raised capital will be strategically deployed to accelerate Tassat's growth initiatives. The company plans to use the funds to further develop its technological capabilities, expand its product offerings, and broaden its market reach within the institutional finance sector. This investment is expected to support Tassat's ongoing efforts to innovate and provide advanced blockchain solutions that meet the evolving demands of its clients.
This funding round positions Tassat to continue its trajectory in delivering critical infrastructure for digital asset transactions. The company remains focused on enhancing the speed, efficiency, and transparency of institutional financial operations, aiming to solidify its standing as a trusted partner in the digital transformation of global markets.
