Share this article
Templum Raises $2.7 Million in Bid to Launch Regulated Token Trading System
New York-based blockchain startup Templum has raised $2.7 million in a new seed funding round.
By Stan Higgins
Updated Sep 13, 2021, 7:05 a.m. Published Oct 26, 2017, 11:00 a.m.
Make us preferred on Google
In this article
New York-based blockchain startup Templum has raised $2.7 million in a new seed funding round.
The round was led by Raptor Group, Galaxy Investment Partners, Blockchain Capital and firstminute.capital, the startup said in a statement. Raptor Group, founded by billionaire businessman Jim Pallotta, has invested in major firms such as Uber, as well as blockchain industry startups like Paxos, among others.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
As previously reported by CoinDesk, Templum (along with its affiliate broker-dealer Liquid M Capital) is seeking to launch a platform for the trading of blockchain-based tokens that are considered securities.
Utilizing a so-called alternative trading system (ATS) that is subject to regulation from agencies like the U.S. Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA), the startup is hoping to develop both primary and secondary markets around such tokens.
"ICOs offer innovative organizations an efficient alternative for raising capital. However, ICOs in their current form can be highly risky for issuers and investors. Templum will provide the necessary transparency, accountability and investor protection to reduce risks and encourage more widespread acceptance of ICOs," Chris Pallotta, Templum's founder and chief executive officer, said in a statement.
Templum, along with firms like Overstock's tØ, are pushing to tap into the interest surrounding the blockchain funding model, through which the sale of cryptographic tokens can be used to bootstrap new projects. Effectively, the firms hope regulated trading systems will attract more seasoned stakeholders to a market that has, to date, seen more than $2 billion raised, according to CoinDesk data.
Disclosure: CoinDesk is a subsidiary of Digital Currency Group, which has an ownership stake in Paxos.
Coins in a jar image via Shutterstock
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
How a 'perpetual’ stock trick could solve Michael Saylor’s $8 billion debt problem
The bitcoin treasury firm is using perpetual preferreds to retire convertibles, offering a potential framework for managing long-dated leverage.
What to know:
- Strive upsized its SATA follow on offering beyond $150 million, pricing the perpetual preferred at $90.
- The structure offers a blueprint for replacing fixed maturity convertibles with perpetual equity capital that removes refinancing risk.
- Strategy has a $3 billion convertible tranche due in June 2028 with a $672.40 conversion price, which could be addressed using a similar preferred equity approach.
Top Stories
