Fission Labs 

What is the Fission Labs protocol?

Fission Labs runs an on-chain marketplace for tokenized funds - private credit, venture capital, hedge-fund and alternative products issued on Ethereum. Holders of tokenized fund positions get near-instant USDC liquidity between redemption windows, while the underlying funds redeem on their normal schedule. Per CEO Jonathan Shaffer, a typical private-fund exit takes about 200 days. A sale through Fission settles in 90 seconds or less. Fission Labs was founded in New York in 2024.

How does liquidity for tokenized funds work on Fission Labs?

Fission Labs advances USDC against tokenized fund positions between the funds' scheduled redemption windows. A holder of a tokenized private-credit, VC or hedge-fund position sells into the marketplace and receives USDC in 90 seconds or less. The underlying fund keeps redeeming on its normal schedule, which for private funds averages about 200 days per CEO Jonathan Shaffer. The closed Ethereum testnet launched on October 10, 2024 and debuted with the TECH VC-secondaries token.

Who backed Fission Labs and how much funding has it raised?

Per DropsTab fundraising data, Fission Labs raised $10M in a Series A announced October 15, 2026, led by Pantera Capital, with gumi Cryptos Capital, Borderless Capital and New Form Capital participating. Fortune additionally names Circle Ventures and Ari Rubenstein among Series A participants. The pre-seed raised $1.6M, announced October 10, 2024, led by The SALT Fund and Kraynos Capital with Anthony Scaramucci participating. Total raised across two rounds: $11.6M.

What does Fission Labs' investor lineup signal about the project?

Pantera Capital leads the Series A as a Tier 1 crypto fund, placing Fission Labs among established digital-asset infrastructure bets. Circle Ventures' participation ties the round to the issuer of USDC, the same settlement asset Fission uses for liquidity. Steve Bendit, CRO at Fission Labs, previously ran business development at Securitize, a major tokenization platform. The lineup signals an institutional, compliance-first direction.

Does Fission Labs have a token?

No. Fission Labs is a pre-token protocol: no ticker, no token supply and no on-chain Fission Labs contract exist. Tokens visible on the platform, such as TECH and other listed tokenized fund products, are fund instruments. A future token is possible but has not been announced by the company.

When is the Fission Labs token launch or TGE?

No TGE has been announced. Fission Labs has not published a token generation event date, an emission schedule or an allocation plan. The earliest verifiable anchors for a future launch are the Series A close in September 2026 and the first product from that raise, expected in early 2027. Any TGE date circulating elsewhere is unconfirmed.

Does Fission Labs trade on any exchange?

No. Fission Labs is not yet trading on any venue, because no Fission Labs token exists to list - no spot, derivative or DEX market has been created. Tokens issued on the Fission platform itself, such as TECH, are fund instruments distributed through the platform.

Is there a Fission Labs airdrop?

Fission Labs has not announced an airdrop, points program, ICO or IDO. The closed testnet, open by request from October 10, 2024, was a gated access program rather than an earning campaign. Claims of an official "Fission airdrop" are not confirmed by the company. Verify any such claim against official Fission channels before connecting a wallet or signing a transaction.

Who founded Fission Labs?

CEO Jonathan Shaffer previously worked as an investor at Point72. CRO Steve Bendit ran business development at Securitize before joining Fission Labs. Curtis Humphrey serves as CTO. The company is headquartered in New York and was founded in 2024.

What is Fission Labs' valuation?

Fission Labs has not disclosed its valuation. Fortune reported that the valuation was not disclosed for the $10M Series A, and the pre-seed announcement included no valuation either. Valuation figures attached to Fission Labs rounds on aggregators are auto-computed estimates rather than confirmed numbers.