IOST, a startup specializing in creating infrastructure for the tokenization of real-world assets (RWA), has successfully completed a strategic funding round, raising $21 million. Among the investors were DWF Labs, Presto, Rollman Management Group, and other venture funds.
This is reported by Finway
Funds Will Be Directed Towards Multi-Chain Development and New Products
The IOST team plans to use the funds to enhance its multi-chain infrastructure, launch innovative products, and expand its ecosystem. Special attention will be given to the development of the real asset segment, which will ensure further growth of the project in the market.
Support from Funds and Impact on Token Price
The participation of leading institutional investors such as DWF Labs, Presto, and Rollman Management Group indicates a high level of trust in IOST’s development model. The press release emphasizes that the investments were made through a special distribution mechanism that promotes alignment of interests among participants, sustainable network development, and further decentralization of the validator community.
“The support from institutional partners demonstrates confidence in the vision for RWA.”
In light of the funding news, the IOST token has shown an increase of more than 10%. Currently, its price is around $0.00364.
For reference, at the end of April 2025, the cryptocurrency exchange Rails also announced raising $14 million during a token sale.