The finance-tech startup is building a next-generation execution layer to make trading tokenised stocks faster, fairer, and more transparent across global blockchain networks.

Block Street, a fast-rising startup at the crossroads of finance and blockchain, has secured $11.5 million in strategic funding to revolutionize how tokenised equities are traded and managed. The round was led by Hack VC, with participation from Generative Venture, DWF Labs, StudioB, Bridge34, and several angel investors from top trading firms such as Jane Street, Point72, and HRT.

The funding will accelerate Block Street’s rollout of its intent-based trading systems across major EVM networks, beginning with the Monad blockchain later this year.

A New Execution Layer for Tokenised Stocks

Block Street is on a mission to fix long-standing inefficiencies in on-chain stock trading. The company’s founding team — veterans from Point72/Citadel, Google, and a Binance-listed project — brings together deep expertise from both traditional finance and web3 technology.

Their platform, described as an “execution layer for on-chain stocks,” tackles key issues like wide trading spreads and MEV (miner extractable value) leakage, which have slowed institutional adoption of tokenised assets.

At the heart of Block Street’s system are two components: Aqua and Everst.

  • Aqua acts as a coordination system where market makers sign and submit quotes through an RFQ (request-for-quote) model. These quotes are verified on-chain using EIP-712, ensuring every trade is transparent and authentic. By enabling off-chain market makers to compete for order flow, Aqua delivers more predictable and efficient trade executions.
  • Everst, on the other hand, is a lending and liquidation engine built for tokenised equities. It uses dual-oracle aggregation and hybrid liquidation routing, allowing trades to move between on-chain auctions and off-chain brokers to minimise slippage during volatile market conditions.

Redefining Tokenised Equities

Unlike simple asset wrapping, Block Street’s model lets digital stocks be borrowed, shorted, and hedged — giving them the same flexibility as traditional equities. The initial rollout will include popular tickers such as AAPL, TSLA, NVDA, and MSTR, with more to follow as the ecosystem grows.

To build trust, Block Street will release best-execution dashboards before its mainnet launch, showing data on RFQs, fill rates, and execution quality versus traditional AMMs. This transparency is expected to attract institutional traders seeking performance data before adopting on-chain systems.

Building for the Future

Block Street plans to launch on Monad in Q4 2025, followed by integrations with Ethereum, BNB Chain, and Base. The company will also publish a methodology paper detailing how it measures execution quality and enforces safeguards like timelocks, oracle divergence bounds, and circuit breakers.

Industry watchers are paying attention — as tokenised real-world assets (RWAs) continue to grow, execution quality remains the missing piece for mass adoption. Block Street believes its RFQ-based coordination and hybrid liquidation systems will bridge that gap and bring institutional-grade performance to blockchain markets.

“Our mandate is infrastructure, not just an app,” said Hedy Wong, co-founder of Block Street. “Monad’s parallel EVM gives us the settlement guarantees and latency institutions expect, while Aqua and Everst push equity-native risk controls directly on-chain.”

Will Wang of Generative Ventures added, “Block Street’s Monad-first model and stock-specific risk systems could set new execution standards for tokenised equities.”

If successful, Block Street could redefine how digital and traditional markets converge, establishing a new benchmark for transparency, liquidity, and efficiency in the tokenised economy.