PANews reported on October 9th that Block Street announced the completion of an $11.5 million strategic funding round led by Hack VC, with participation from Generative Ventures, DWF Labs, StudioB, and Bridge34. Block Street focuses on building the execution and lending layer for tokenized stocks, using a technology stack that includes Aqua (RFQ intent) and Everst (hybrid clearing). The project plans to launch initially on the L1 project Monad in the fourth quarter of this year, with subsequent expansion to Ethereum, BNB Chain, and Base. The team, comprised of members from renowned institutions such as Citadel, Point72, and Google, plans to launch a transparent dashboard to enhance the user experience.