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The tokenization startup Cork has raised a $5.5 million seed round, with CSX and a16z leading the investment.

2 hours ago

Jan. 21 — Tokenization startup Cork has closed a $5.5 million seed funding round, per The Block. The round was led by CSX, a16z and Road Capital, with participation from BitGo Ventures, Cooley, IDEO Ventures, PEER VC and WAGMI Ventures, among others. Cork is a risk-tokenization-focused startup building a "programmable risk layer" to tokenize and trade latent risks tied to emerging real-world asset classes.
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