News with the tag "superstate"

In a landmark move signaling the growing maturity of the digital asset space, blockchain-based asset management firm Superstate has achieved a significant milestone. They’ve successfully registered their digital transfer agent, Superstate Services LLC, with the U.S. Securities and Exchange Commissio...

Blockchain-based asset management firm Superstate said on Thursday it has registered its digital transfer agent , Superstate Services LLC, with the U.S. Securities and Exchange Commission (SEC), a move aimed at bridging tokenized assets with existing financial regulations. Transfer agents help issue...

Superstate's new offering comes after its first tokenized fund of short-term U.S Treasury bills, which debuted earlier this year.

MakerDAO's competition to allocate funds will open next month, and would give a big boost for the $1.8 billion tokenized real-world asset space.

Superstate's USTB token aims to offer institutional investors an alternative to stablecoins to earn a yield on their on-chain cash holdings, Superstate founder and CEO Robert Leshner said.

The company has earmarked the funds for expansion, creating private funds for institutional investors and crafting a framework for tokenized public funds that U.S. clients can access.

COMP logs a double-digit decline following a brief jump in value after Robert Leshner announced his departure from the lending protocol.