markets

Lombard Systems Raises $4M to Build Tokenized Asset Financing Standard

Summarized from Cryptocurrency

Lombard Systems secured $4 million to advance its Delivery-versus-Lock standard, with first institutional deployment expected by end of 2026.

Lombard Systems Raises $4M to Build Tokenized Asset Financing Standard

Lombard Systems, formerly known as SemiLiquid/PCP, has raised $4 million in funding to accelerate the adoption of its Delivery-versus-Lock (DvL) standard for financing tokenized assets, the company announced from Dubai and New York.

The capital infusion is designed to push the DvL protocol toward broader institutional acceptance, with the company targeting its first full institutional deployment before the close of 2026. The DvL standard is intended to bring consistency and reliability to the financing mechanisms that underpin tokenized asset transactions — a segment of digital finance that has struggled with fragmentation and a lack of common infrastructure.

Read more AMN Healthcare Posts $717M Q3 Revenue, Beats Profit Estimates →

Lombard Systems positions itself as both the creator and maintainer of the DvL standard, suggesting the firm intends to play a central role in shaping how tokenized asset financing is structured across institutional markets. The dual headquarters in Dubai and New York reflects a strategy aimed at bridging major financial centers in the Middle East and the United States.

The raise comes as institutional interest in tokenized real-world assets continues to grow, with banks, asset managers, and financial infrastructure providers exploring ways to bring traditional financing conventions into blockchain-based environments. Standardization efforts like DvL are seen as a prerequisite for large-scale institutional participation, as they reduce counterparty risk and operational uncertainty inherent in nascent digital asset markets.

Continue reading at Cryptocurrency.

Frequently Asked Questions

Q.What is the Delivery-versus-Lock standard?

Delivery-versus-Lock, or DvL, is a financing standard created and maintained by Lombard Systems designed to standardize how tokenized assets are used as collateral or in financing transactions within institutional markets.

Q.When will Lombard Systems deploy the DvL standard institutionally?

Lombard Systems has stated that its first institutional deployment of the DvL standard is expected to go live by the end of 2026.

Q.What was Lombard Systems previously called?

Lombard Systems was previously known as SemiLiquid/PCP before rebranding under its current name.

More in markets →