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RWA Protocol TownSquare Completes Pre-A Funding Round, Total Raised to $16.25M

GateNews

2026-05-21 15:24:04

RWA-0.26%

According to The Block, RWA yield protocol TownSquare announced the completion of its Pre-A funding round on May 21, bringing total capital raised to approximately $16.25 million. The funds will support the development of institution-backed yield products and cross-chain brokerage services. TownSquare will build yield vaults around stablecoin USD1, tokenized gold, USDC, cbBTC, and other RWAs, while advancing a pipeline worth around $100 million in USD1 with partners including World Liberty Financial.

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