BiFinance Completes Series B Funding: RWAs on Track to Enter the Global Capital Market Main Stage

2025-09-10 17:41

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Source: BiFinance

Against the backdrop of the global capital market accelerating its digital transformation, BiFinance has announced the completion of its Series B strategic financing, with a financing amount of $10 million, bringing its latest valuation to $2 billion. This round of financing was led by the Liberland Republic and Sunfund Fortuna Global Opportunities, with participation from institutions such as Victus Global.

This financing not only brought capital support to BiFinance but also indicated that the Real World Asset (RWA) track is receiving widespread attention and recognition from mainstream capital markets. Meanwhile, the U.S. securities market has also seen a landmark breakthrough: on September 8, 2025, the U.S. SEC officially accepted Nasdaq's proposal, SR-NASDAQ-2025-072, which aims to allow stocks and Exchange-Traded Products (ETPs) to be traded on the main board market in "tokenized form". This institutional move, coupled with the financing news of BiFinance, collectively highlights that RWAs have gradually moved from marginal innovation to the core stage of the global financial system.

Nasdaq Proposal: Institutional-Level Response

On September 8, 2025, the U.S. Securities and Exchange Commission (SEC) officially accepted Nasdaq's submission of the SR-NASDAQ-2025-072 proposal, which aims to allow stocks and Exchange-Traded Products (ETPs) to be traded on the main board market in "tokenized form".

The key points of the proposal include:

Tokenized securities will have full parity with traditional stocks (consistent CUSIP coding, dividends, voting rights, and settlement rights);

Investors can trade traditional stocks and tokenized stocks in the same order book simultaneously;

The Depository Trust Company (DTC) will be responsible for tokenized settlement to ensure consistency between on-chain and off-chain reconciliation;

Expected to go live as early as the third quarter of 2026.

This proposal marks the first institutionalized tokenization process of the traditional securities market infrastructure. This development resonates sharply with BiFinance's exploration in the RWA field: the former provides a top-down regulatory breakthrough, while the latter contributes a market-oriented use case.

Capital Endorsement: Intersection of Institution and Market

Behind BiFinance's financing is not only capital investment but also a dual endorsement from governments and institutions.

Nation-State Endorsement

The Republic of Liberland, as one of the world's most institutionally innovative digital societies, has incorporated BiFinance into a national capital experiment. This means that RWA has transitioned from fintech exploration to institutional arrangement at the national level.

Capital Market Endorsement

· Sunfund Fortuna Global Opportunities and Victus Global have not only invested in BiFinance but have also directly included its ecosystem token BFT in their fund management asset allocation. This action has created an institutional precedent for token capitalization: a platform token for the first time being regarded by international fund institutions as a strategic reserve asset.

· Victus Global focuses on emerging industries and cross-border market expansion, providing BiFinance with multi-regional strategic support and capital channels.

Of particular note, the major investors in this round have already included BiFinance's ecosystem token BFT in their fund management asset allocation. This move is not only seen as a frontier experiment in token capitalization but also marks a significant event where a platform token is for the first time regarded by international fund institutions as a strategic reserve asset.

BiFinance's RWA Use Cases: Gold and Stocks

Among over 1,200 global trading platforms, less than 5% are capable of achieving on-chain compliance of real-world assets (Messari Research, 2025 Q1). BiFinance is a standout in this area.

Gold Token TGT

The traditional gold market sees an annual trading volume of over $11 trillion (World Gold Council, 2024) but has long been constrained by inefficient cross-border settlement.

The TGT Gold Token launched on BiFinance achieved settlement and cross-border circulation in seconds, reducing costs by 65%. This is the first time globally that gold has had "internet-speed liquidity," providing a brand-new infrastructure for the global commodities market.

Stock Token SDMT

The global stock market is valued at over $109 trillion (WFE, 2024), yet liquidity remains concentrated in a few financial centers.

The SDMT stock token launched on BiFinance's initial offering has been tokenized within a compliance framework, enabling global investors to directly purchase and transfer the stock token on-chain.

This breakthrough not only lowers the investment barrier but also, for the first time, gives the securities market decentralized global accessibility.

The above case demonstrates that BiFinance is no longer just a trading platform but a sample platform driving the innovation of asset circulation methods, providing a practical path for RWA standardization and scaling.

Institutional Testbed and Capital Bridge: Reshaping the Operational Logic of the Financial Market

The uniqueness of BiFinance lies not only in technological and product innovation but also in its role in institutional innovation and capital market restructuring.

First, it is becoming a global institutional testbed. The Free Republic of Liberland has taken the lead in integrating RWA into national capital allocation through BiFinance, making it a platform for the execution of digital assets in the "national-level capital pilot." At the same time, BiFinance's successful practical cases have been viewed by other emerging financial regulatory agencies as policy reference samples. In the future, it is not ruled out that its operational experience will influence the institutional design of international financial organizations such as the IMF and OECD on RWA standards.

Second, BiFinance is restructuring the cross-border circulation mechanism of the capital market through the endorsement of investment institutions.

· Sunfund Fortuna Global Opportunities has accumulated profound resources and rich experience in fund management and asset management, opening up broader primary market resources for BiFinance and strengthening its international capital linkage capabilities;

· Victus Global, as an international investment group focusing on emerging industries and global market layout, has provided BiFinance with multi-regional strategic support and capital channels.

In the past, assets often required a complex approval process to circulate in cross-border markets, but BiFinance, leveraging tokenization and compliance mechanisms, allows traditional stock exchanges' stocks to enter the security tokenization market directly through BiFinance's RWA platform; bulk commodities such as gold can also achieve real-time cross-border settlement on-chain.

This direct connection from the primary market to the secondary market to the on-chain market breaks not only the geographical and institutional barriers of traditional markets but also achieves a qualitative leap in capital efficiency. Therefore, BiFinance is not just a trading platform but also a window of institutional innovation and a builder of capital bridges.

The Realization and Future Potential of RWA

BiFinance's Series B financing is not an isolated event, but a significant milestone in the global capital market's exploration of RWA institutionalization and scaling. It demonstrates that capital and institutional layers are gradually forming a consensus: the barrier between traditional finance and blockchain assets is being gradually bridged through the RWA path.

From TGT's cross-border gold settlement to SDMT's stock tokenization, and then to the capital market's concentrated bet on BiFinance, we can see that the digitization of real-world assets has moved from experimentation to application stage. This not only signifies an improvement in transaction efficiency and asset liquidity but also heralds a more diverse set of participants and rule-makers in the future financial markets.

Furthermore, Nasdaq's proposal further confirms this trend: with the SEC's formal acceptance, tokenized securities are expected to land on the U.S. mainboard market, indicating that RWA is transitioning from the crypto market to the core stage of the global capital market.

For the global capital, BiFinance provides a clear sample path: how to bring traditional assets into the on-chain world in a compliant framework and achieve more efficient circulation globally. With more institutions and capital joining, RWA is poised to become the new generation financial infrastructure, and BiFinance is already at the forefront of this trend.