IOST Secures $21M Funding to Expand Tokenized Asset Infrastructure

Modular blockchain platform IOST has raised $21 million in a strategic funding round led by institutional investors DWF Labs, Presto, and Rollman Management Group. The capital will accelerate product development, validator growth, and ecosystem integrations for its real-world asset (RWA) infrastructure.

Tokenization continues to gain traction as a key blockchain use case, attracting attention from traditional finance. IOST's initial rollout targets Japan and the Asia-Pacific region, where it holds rare regulatory approval from the Japan VIRTUAL Currency Exchange Association (JVCEA). The protocol's architecture combines a high-performance Layer 1 chain with EVM-compatible subnets for compliant DeFi solutions.

"This isn't just a capital raise. It's a commitment to building scalable, compliant infrastructure that can power the next generation of tokenized assets," said CEO Blake Jeong. Expansion into Western markets is already underway.