Fission announced today its $1.6M pre-seed funding round led by SALT Fund and Kraynos Capital, with participation from Anthony Scaramucci (Skybridge).

Fission, the first DeFi application built to bring venture capital on chain, launched its testnet today on Ethereum. The platform opens a new venue where crypto natives as well as traditional finance participants can invest in and trade private equity backed tokens, beginning with Fission's VC secondaries token, TECH.