A new crypto infrastructure startup called Block Street has raised $11.5 million to build what it calls an “execution layer for on-chain stocks.”
The funding round was led by Hack VC, with backing from Generative Venture, DWF Labs and others including executives from firms like Jane Street and Point72.
Block Street’s pitch is that trading tokenized stocks should feel as fast and reliable as traditional markets.
Its system, called Aqua, is built on Monad, and uses a request-for-quote (RFQ) model where market makers compete to offer the best price. These quotes are cryptographically signed and verified onchain to prevent manipulation or delays.
Another part of the stack, Everst, introduces lending and liquidation tools designed specifically for tokenized equities, allowing users to borro