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Tarun Chitra's Gauntlet raises $125 million Series C from sole investor SBI Holdings
Chitra said he expects tokenization and vaults to grow the DeFi market faster than overall stablecoin growth over the next few years.
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What happened
Chitra said he expects tokenization and vaults to grow the DeFi market faster than overall stablecoin growth over the next few years.
Confirmed
Global impact / market context
The large institutional backing validates DeFi infrastructure as a serious asset class, while the expected surge in tokenized assets and vaults could expand user bases, boost protocol revenues, and attract more capital to the sector.
Analyst inference
Gauntlet secured a $125 million Series C round led solely by SBI Holdings, and its founder predicts that tokenization and vault services will accelerate DeFi growth faster than the overall stablecoin market in the coming years.
Analyst inference
What to watch
- SBI Holdings’ sole investment may signal growing institutional confidence in DeFi, prompting other banks or asset managers to explore similar stakes or partnerships. Analyst inference
- If tokenization and vault products outpace stablecoin growth, DeFi platforms offering these features could see higher transaction volumes and fee income. Analyst inference
- Gauntlet’s new capital could fund product expansion, hiring, and R&D, intensifying competition among DeFi risk‑management providers and influencing market pricing. Analyst inference
Affected assets
- DEFI — DeFi