Lombard Systems Raises $4M to Build Tokenized Asset Financing Standard
Lombard Systems secured $4 million to advance its Delivery-versus-Lock standard, with the first institutional deployment expected by end of 2026.
Lombard Systems, formerly known as SemiLiquid/PCP, has raised $4 million in funding to accelerate the adoption of its Delivery-versus-Lock (DvL) settlement standard for tokenized asset financing, the company announced from Dubai and New York.
The DvL standard is designed to bring consistency and reliability to how financing is structured around tokenized assets — a market segment that has grown in complexity as institutions explore blockchain-based representations of real-world financial instruments. Lombard Systems positions itself as the creator and primary maintainer of the protocol.
Read more AMN Healthcare Posts $717M Q3 Revenue, Adjusted EPS of $1.16 →
The fresh capital will be directed toward pushing the DvL standard toward broader institutional uptake. The company has set a concrete near-term milestone: its first institutional deployment is expected to go live before the close of 2026, signaling that the technology is approaching production-ready status for major financial players.
The fundraise reflects continued investor interest in infrastructure plays within the digital asset space, particularly those targeting the operational gaps that have slowed institutional participation. Standardizing financing mechanics for tokenized assets could reduce friction in settlement, custody, and collateral management — areas where fragmented approaches have historically created counterparty risk.
Continue reading at Cryptocurrency
