Lombard Systems Completes $4 Million Seed Round Financing, Led by Ethereal Ventures

BlockBeats news, November 6th, Lombard Systems (formerly SemiLiquid) announced the completion of a $4 million seed round of financing, led by Ethereal Ventures, with participation from ALPS Capital, First Commit, Veris Ventures, and ATKA.

Lombard Systems provides financing infrastructure for tokenized securities and maintains the "Delivery versus Lock" (DvL) standard. This standard allows banks, brokers, and transfer agents to accept tokenized assets and digital assets as collateral without moving the assets out of their original securities accounts; the assets remain locked in the owner's name, while the lender obtains an enforceable security interest evidenced by a cryptographically signed credit certificate.