1/ Today we are excited to announce the launch of the Superstate Crypto Carry Fund (USCC).
USCC provides convenient exposure to the crypto cash & carry trade for qualified purchasers, with ownership represented in both tokenized and book-entry shares.
Superstate is leveraging
@chainlink
infrastructure to bring NAV, and soon, AUM data, onchain for our tokenized treasury fund, USTB.
#Chainlink
Data Feeds & soon, Proof of Reserve, helps unlock accurate market pricing and secure asset verification. Learn more ↓
Asset management firm
@superstatefunds
is now leveraging
#Chainlink
’s infrastructure for tokenized assets.
How Chainlink Data Feeds and soon Proof of Reserve help bring critical NAV and AUM data onchain for Superstate’s USTB tokenized treasuries fund ↓
Asset management firm
@superstatefunds
is now leveraging
#Chainlink
’s infrastructure for tokenized assets.
How Chainlink Data Feeds and soon Proof of Reserve help bring critical NAV and AUM data onchain for Superstate’s USTB tokenized treasuries fund ↓
[1 /3] 📢Today, we're thrilled to introduce the Superstate Industry Council (SIC), a group of leading traditional/digital asset institutions dedicated to shaping our product roadmap & driving the adoption of tokenization in traditional financial services & capital markets.
1/ 📢 Today, we're thrilled to welcome 15 members to the Superstate Industry Council (SIC), a group of leading institutions dedicated to shaping our product roadmap & driving the adoption of tokenization in traditional financial markets.
Transfers of USTB have been enabled, allowing for onchain peer-to-peer transfers of USTB between Investors’ Allowlist addresses.
🔓This unlocks new use cases such as:
➕portable collateral for intraday margin
➕settlement in secondary market transactions
We’re excited for USTB
1/ Tokenization could be set to unlock utility for $650 TRILLION in traditional assets 🔓
Chp. 1 of our Book on Tokenization explores the advantages tokenized assets provide in upgrading RWAs.
We are proud to announce that Superstate’s USTB, has been whitelisted to be part of USDM Reserves & approved by the BMA.
USTB strengthens USDM by offering diversification with high-quality, trusted assets through our partnership with
@MountainUSDM
.
Superstate Co-founder & CEO
@rleshner
joins the
@BanklessHQ
team to chat about his vision for tokenization - to bring $300 trillion in TradFi assets onchain.
1/ 35% of tokenization initiatives are built on Ethereum, but they are by no means the only game in town.
📖 Chapter 3 of our Book on Tokenization explores the blockchains driving tokenization and the projects utilizing them.
As we hit the runway in Dubai, we're excited to announce the next leg of our RWA tour: Austin, Texas!
Parallel to Consensus 2024, we're curating a day bringing together the best of the RWA space.
Co-hosted by
@centrifuge
,
@superstatefunds
,
@galaxyhq
, and
@humafinance
. 🧵↓
Tokenized assets unlock many advantages for traditional financial system that include:
➕Programmability & Automation
➕ Speed & Settlement
➕ Composability
➕ Transparency & Compliance
➕ Accessibility
But what does all of this mean? Learn more ⤵️
5/6 🤝 We are thrilled to work with exceptional partners and service providers, including:
➕
@Anchorage
➕
@BitGo
➕
@FederatedHermes
➕ NAV Consulting
➕ UMB Bank
1 / Superstate is excited to submit our proposal for
@SkyEcosystem
(fka MakerDAO)
@sparkdotfi
Tokenization Grand Prix! We believe USTB is perfectly suited for the mandate outlined in this proposal and will deliver desired yield and liquidity to the protocol.
"The idea of 'putting real-world assets' on a blockchain is a good one, but no one can figure out how to make it catch on. Now, a new outfit called the Superstate Industry Council is pledging to make it work at last..."
📰
@jeffjohnroberts
@FortuneCrypto
📣Exciting news!
@falconxnetwork
has executed the first trade using USTB, our short-term treasury fund token, as collateral.
As a first-of-its-kind transaction, this pivotal step highlights the immense potential of tokenization in creating more efficient markets.
Read
@2Ragu
&
🚀 FalconX has just executed its first trade using USTB token as collateral, marking a significant leap towards more efficient markets with tokenized assets. Read
@2Ragu
&
@rleshner
's quick take on how tokenization is reshaping finance.
🌐✨
🚀 Another milestone for USTB:
@BitGo
,
@Arbelosxyz
, &
@nonco_otc
have enhanced secure, efficient tri-party digital asset transactions by using USTB as collateral.
Learn more about this pioneering trade👇
🎙 Superstate CEO
@rleshner
joins
@sytaylor
&
@cuysheffield
on Ep. 3 of
@TokenizedPod
!
🎧 Hear about:
➕ Superstate's origin story
➕ Tokenizing treasury funds and collateral use cases
➕ Why we launched USCC, a crypto basis fund
...and more tokenization news!
📣 We are thrilled to announce our second fund, the Superstate Crypto Carry Fund (USCC).
Learn more about our newest offering in
@FortuneCrypto
(re:
@jeffjohnroberts
) 👇
We're excited to announce that our smart contracts are now published under the BUSL-1.1 license.
➡️
USTB and our Allowlist have interesting features that developers will want to check out!
Now tracking
@superstatefunds
on
@ethereum
The Superstate Short Duration U.S. Government Securities Fund (USTB) is a private fund tokenized on the Ethereum blockchain, offered exclusively to U.S. Qualified Purchasers
Real-world asset tokenization is among the fastest growing sectors in crypto.
@RyanRodenbaugh
looks at the biggest movers and shakers from the first quarter of the year.
Opinion.
2/2 This financing will help us expand our team (we’re hiring!), launch private funds for institutional investors, and create a framework for compliant, tokenized, publicly registered investment funds.
4/6 👥USTB is offered exclusively to accepted U.S. Qualified Purchasers.
Today’s launch marks the start of our commitment to developing regulated, modern investing products that enhance investment opportunities for institutions, and, ultimately, all investors.
1/Asset tokenization is at an inflection point - the
@rwasummit
during
#Consensus2024
revealed why this cycle is different.
Our recap digs into key the insights industry leaders are leaning into as the cycle evolves 👇
"The true convergence of traditional finance and decentralized finance is embodied in tokenized treasuries...Tokenized treasuries are tearing down barriers, offering new avenues for investment and financial inclusivity."
7 RWA Trends in 2024 from
@eth_sanjay
via
@CoinDesk
with
3/6 Daily subscription/redemptions from the Fund can occur using USD/USDC at a daily NAV, and its Ethereum-based Allowlist enables ownership, transfers, and compliance.
Introducing the latest additions to our featured speakers at
#Mainnet2024
.
Don’t miss your chance to learn from key pioneers across web3 infrastructure.
It's official! The Arbitrum DAO has allocated 35M ARB into six stable, liquid, and yield-bearing products, including
@superstatefunds
's USTB.
We are excited to be part of this allocation and look forward to collaborating with the Arbitrum community.
Steady Lads
#35
is here w/ a godfather of Defi, Robert Leshner (
@rleshner
) Founder of Compound & CEO of Superstate 🚨
In this episode we cover:
🐣 The Early Days of DeFi
👨⚖️ SEC Going After ETH
🤖
@superstatefunds
&
@robotventures
🍝 Pasta of the Week & More
Full links below!👇
Superstate has added a Knowledge Base, where you can find:
➕Overview of Superstate & the USTB Fund
➕Onboarding & Investor Experience
➕USTB Fund Details
➕Technical Details
➕Security & Audits
Our documentation will expand over time. Learn more ⤵️
Superstate is proud to be a title sponsor of the
@rwasummit
in NYC this fall!
Join us at
@thewilliamvale
Oct. 22-23 for two days of agenda setting programming and networking.
Apply to attend:
3/ For years, the crypto cash & carry trade has been a scalable source of yield.
We’re excited to tokenize the strategy, so that institutional investors can access it with daily liquidity, without having to manage infrastructure, security, or margin.
Superstate is heading to Austin, TX in a few months for
@consensus2024
!
🗣️ Don't miss Superstate Co-founder & CEO
@rleshner
's panel during the festivities. See you in May!
2/ USCC capitalizes on the price differences between spot and futures markets for Bitcoin and Ether, and optimizes for both yield and risk across basis opportunities, staking, and U.S. Treasury securities relative to the Federal Funds Rate.
ICYMI: Yesterday
@falconxnetwork
announced a first-of-its-kind trade utilizing Superstate's USTB as collateral.
💡Why does this matter?
Tokenized treasury funds have been a major narrative in 2024, but their secondary utility is only now being realized. This use case is just
TODAY: Superstate CEO
@rleshner
&
@centrifuge
CEO
@lucasvo
pair up to discuss "Why this tokenization cycle is different" during the kickoff to the
@rwasummit
in Austin.
Will you be there?
We are excited to have Superstate CEO
@rleshner
joining the lineup for
@SCB10X_OFFICIAL
/
@business
's REDeFINE Tomorrow 2024 event.
📅 Tune in on May 20, 8:30 pm ET/ May 21, 7:30 am GMT+7 for his 🔥 fireside chat.
ICYMI: Tune in and listen to
@CRYPTO101Pod
, featuring
@superstatefunds
' own
@AlexZozos
.
Alex joins
@BrycePaul101
to chat about his time with the SEC and Coinbase, Superstate's mission and tokenized treasury fund USTB, and what the future of tokenized asset management may hold.
An amazing conversation with
@AlexZozos
of
@superstatefunds
you do not want to miss.
.
Time Stamps:
(01:07) Alex's background, including his roles at the SEC, in private practice, and at Coinbase.
(02:54) High-level overview of Superstate and its mission to tokenize real-world
🇬🇧Superstate is gearing up for
#DASLondon
next week! Connect with our Co-founder & Head of BD
@HiltnerJim
to explore possible opportunities.
Reach out to jim
@superstate
.co to schedule time.
🗓️Superstate's fall 2024 conference calendar has dropped!
Our team will be attending/speaking at several conferences over the next few months, and we’d love to see you there.
Want to connect? Reach out at ir
@superstate
.co to find time to chat.
Jim Hiltner
@HiltnerJim
, Head of Business Development & Co-Founder at
@superstatefunds
will be speaking at the DeFi Derivatives Summit side event by Panoptic during ETHDenver.
@superstatefunds
is an asset management firm bringing traditional assets onchain.
Superstate contributes their first-hand experience in bringing traditional funds onchain.
2/ Ethereum leads in market share, but layer 2s like
@0xPolygon
(14.4%) are gaining traction with lower fees for retail/high-volume use cases.
Other public blockchains making impact include:
➕
@Avax
➕
@StellarOrg
➕
@Base
ICYMI: Yesterday, Superstate submitted our proposal for
@SkyEcosystem
(fka MakerDAO)
@sparkdotfi
Tokenization Grand Prix!
Our Protocol Relations Lead
@francisgowen
shares more more on our team's commitment to this opportunity.
1/ I'm thrilled to announce that we have submitted USTB for
@sparkdotfi
's Tokenization Grand Prix!
@SkyEcosystem
(fka MakerDAO) launched a $1B RFP to identify tokenized short-duration T-Bills to back DAI/USDS. USTB is an ideal candidate.
1/🌍35% of tokenization initiatives are located in the U.S., leading the global charge. But Germany, Switzerland & Singapore aren't far behind in adoption.
Ch. 2 of our
#BookonTokenization
explores the jurisdictions adopting & challenging the sector.
💰$2 Trillion.
That's the ~ market value of assets like Bitcoin/Ethereum. That's only a drop in the 🪣 compared to the $650T value of RWAs across
➕ global real estate
➕equities
➕debt
➕commodities
Read about the who, why & how of tokenization ⤵️
[3/3] Members help Superstate develop innovative offerings including our first product, USTB, while championing the widespread adoption/category development of tokenization across the industry through a variety of Superstate-hosted programming/initiatives.
Learn more about the
The Arbitrum DAO is voting to ratify the STEP committee's proposal to diversify 35M ARB into stable, liquid, yield-bearing assets - with 6M ARB allocated to USTB.
We're thrilled to partner with the
@arbitrum
ecosystem, providing stable yields and professional asset management to
Don't miss Superstate CEO & Co-Founder
@rleshner
's fireside chat @ 8:30 pm ET tonight during
@SCB10X_OFFICIAL
&
@business
's REDeFiNE Tomorrow 2024.
Sign up for free ⤵️
“With deep DeFi & traditional capital markets experience, Superstate brings the expertise to support and develop the industry-specific needs
@MakerDAO
and other protocols may have," -
@francisgowen
via
@beincrypto
"When a asset is issued on a blockchain, you get superpowers: assets are programmable, autonomous - you can build systems that run 24/7, they're transparent, they're efficient, and they're fair."
- Superstate CEO
@rleshner
Great
@MessariCrypto
Unqualified Opinions episode
Superstate's
@HiltnerJim
joins
@circle
's
@jerallaire
to learn more about Circle's USDC progression, and the general evolution of the stablecoin markets.
Tune in next Monday evening at 9 pm ET.
🌟
@0xPolygon
is Ethereum's top scaling solution, powering 14.4% of all onchain tokenization projects.
📘Ch. 3 of our
#BookonTokenization
explores the blockchains driving real-world asset projects.
Read on to learn more👇
Prior to the term "DeFi" existing, Superstate CEO
@rleshner
was enamored with the Ethereum blockchain - ideating on ways smart contract tech could be utilized to improve financial markets.
🗣️Robert joined
@BitwiseInvest
's "Tokenizing RWAs" panel yesterday to discuss the early
Our CEO
@rleshner
is excited to speak during
@StanfordCrypto
BASS Summit tomorrow.
1. He joins
@_choppingblock
crew for a live segment,
2. And the onchain asset panel alongside Nathan Allman (Ondo), Steven Willinger (Blockchain Builders)
📢Calling all NYC software devs!
Join us for the first Superstate Onchain Rust Dev Meetup on May 1 from 6:30-9pm @ our office in Manhattan. Enjoy free food/drinks & great presos with a stellar group of people.
RSVP for free, space is limited⤵️
ICYMI: Yesterday we announced that Superstate's tokenized treasury fund, USTB, has been whitelisted to be part of USDM Reserves, thanks to our partnership with
@MountainUSDM
.
We are proud to announce that
@superstatefunds
has been whitelisted to be part of the USDM Reserves and approved by the BMA. Superstate is a tokenized short-term US Treasury fund.
By working with crypto-native funds such as Superstate, Mountain Protocol is able to offer
Tune in this Thursday to hear Superstate COO
@rmcuming
dig this cycle's hottest narrative with the
@RwaWorld
team: Tokenization of real-world assets.
⏰Set a reminder ⤵️
🎙️RWA's: Hype vs. Reality?
This week we examine one of the hottest narratives in the blockchain industry: real-world assets.
📅 Thursday, 2 PM EDT
Hosts:
@TylerSherwin
+
@RayBuckton
Co-host:
@mattereum
Check out our speaker panel below! 👇
👂Another Superstate pod drop!
Tune in to hear Superstate's
@HiltnerJim
on the latest episode of
@CRYPTO101Pod
with
@BrycePaul101
&
@BrendanViehman
to learn more about Jim's move from TradFi to DeFi, the state of tokenization & advantages, and how he sees the future of onchain
New episode out now with
@HiltnerJim
of
@superstatefunds
.
Do not miss how Superstate:
-is transforming the tokenization industry
-bringing next gen utility
-leading the charge in compliance and regulation
.
Listen Here:
🎧 Add this to your weekend playlist!
Our General Counsel
@AlexZozos
chats with
@BrycePaul101
of
@CRYPTO101Pod
about his time at the SEC and Coinbase, Superstate’s mission, USTB, the future of crypto regulations, and more.
Tune in 👇
An amazing conversation with
@AlexZozos
of
@superstatefunds
you do not want to miss.
.
Time Stamps:
(01:07) Alex's background, including his roles at the SEC, in private practice, and at Coinbase.
(02:54) High-level overview of Superstate and its mission to tokenize real-world
🎙️Tune in! Our CEO
@rleshner
joined "Base Layer" host
@DavidNage
of
@arca
this week to talk all things Superstate. He delves into his move from the fringes of DeFi in early 2019, to his current focus on bringing tokenized solutions to traditional finance.
3/ Private blockchains like
@jpmorgan
's Onyx (used for a $10M municipal bond offering) and
@inside_r3
's Corda (powering SDX's $375M+ tokenized bonds) are also driving institutional adoption.
Other emerging private / dedicated networks:
➕
@Provenancefdn
➕
@CantonNetwork
⚡️What superpowers does blockchain technology need to be adopted broadly?
Superstate's
@rmcuming
answers this question and more during a chat with
@benmweiss_
of the LegendsNLeaders podcast🎙
Kick off your Monday by tuning in🔉
New Episode! Reid Cuming, Co-Founder of
@superstatefunds
, recently helped the company pass 9 figures in AUM as he saw an opportunity to create the future of finance by making blockchain-based financial products from the ground up. He co-founded Superstate with Robert Leshner,
🎙️ ATX DAO Podcast Episode 14 📷
Explore the future of finance with
@HiltnerJim
from
@superstatefunds
on the ATX DAO Podcast! Dive into the world of RWAs and discover how Superstate is revolutionizing asset management on the blockchain
Tune in:
We’re thrilled to announce
@CMT_Digital
has joined the Superstate Industry Council (SIC)! We're excited to collaborate with
@Superstatefunds
and 20+ other industry leaders to drive innovation and advance the adoption of tokenization across financial markets.
Audio for the newsletter is back! I had to suspend this for a while because of other commitments and time squeezes and tech frustrations, but I've missed doing it and some of you have asked when it will be back - so, I fixed my mic cable (I think), and as for the time squeeze,
👀This week from
@superstatefunds
HQ:
Connect with our Senior Business Dev team member Simon Miall during
#Battlefin
in NYC this week! Want to snag time? Email him at simon
@superstate
.co to connect.
🌆Superstate is gearing up for
#BattleFin
in NYC next week!
Connect with our Senior Business Development team member, Simon Miall to explore possible opportunities.
Reach out to simon
@superstate
.co to schedule time.
ICYMI: Superstate launched our 2nd fund, the Superstate Crypto Carry Fund (USCC).
USCC is a private, tokenized fund designed to provide compliant/convenient exposure to the crypto cash-and-carry trade for investors.
Read
@axios
(re:
@crystalkimmm
)
Our Co-founder
@HiltnerJim
spoke with
@DLNewsInfo
about interest rate cuts - Should the tokenized treasuries market worry?
Our take: Lower rates don't necessarily mean lower interest. The demand for secure, yield-bearing assets like tokenized treasuries will persist.
Last week, Superstate submitted USTB to
@SkyEcosystem
’s Spark Tokenization Grand Prix.
Liquidity is a key requirement: USTB provides daily purchases and redemptions in USDC or cash, and has processed $150M+ in gross redemptions since inception.
🔗
🌆Superstate is gearing up for
#BattleFin
in NYC next week!
Connect with our Senior Business Development team member, Simon Miall to explore possible opportunities.
Reach out to simon
@superstate
.co to schedule time.
🎙 Tune in to the latest episode of the Nxt Level's pod featuring
@superstatefunds
COO
@rmcuming
.
Hear about his journey into the crypto space, the innovative work Superstate is doing to modernize finance through tokenization, and more.
Superstate's own
@HiltnerJim
&
@rmcuming
joined
@KeliCallaghan
of
@Arrington_Cap
to talk all things Superstate on the 🏴☠️ Pirate Pod!
➕ Superstate's origin story
➕ Our vision for tokenization innovation in 2024 and beyond
➕ How we are changing the way we communicate with the
🏴☠️ NEW PIRATE POD EPISODE OUT!
@superstatefunds
: Modernizing the Infrastructure of Traditional Finance with
@HiltnerJim
and
@rmcuming
.
Coming on the heels of Superstate's news today of the Industry Council, take a deeper dive into the approach the team is taking to build
3/ Our SIC members are not just shaping Superstate's products, like USTB and USCC—they’re also championing tokenization adoption across TradFi and DeFi.
Learn more ⤵️
Jim Hiltner
@HiltnerJim
, Head of Business Development & Co-Founder at
@superstatefunds
will be speaking at the DeFi Derivatives Summit side event by Panoptic during ETHDenver.
📺 Superstate's
@HiltnerJim
joined a killer panel at
@Panoptic_xyz
's "DeFi Derivatives Summit" during
@EthereumDenver
last month.
🔁 Rewatch the session, "How will RWAs be used in DeFi?"
🗽We are almost at capacity for our first Onchain Rust Dev Meetup on May 1st in NYC!
NYC-based software devs, join us from 6:30-9pm @ our office in Manhattan. Enjoy free food/drinks, networking & preso from
@PrimitiveFi
CTO
@Kinrezc
.
RSVP ⤵️
📅 Mark your calendar for this Friday @ 9:30 am ET for this week's RWA World Roundup Spaces!
Superstate COO and Co-founder
@rmcuming
joins the
@RwaWorld
team to chat about our new fund, USCC, and other trending industry topics. 👇
This Friday we're welcoming
@superstatefunds
co-founder
@rmcuming
to our weekly roundup!
We'll recap the week and share exclusive insights about SuperState's new fund, the Superstate Crypto Carry Fund (USCC).
Set your reminders 👇
⏰Tune in at 9:30 am ET today for
@RwaWorld
's Episode 6, RWA Roundup.
Superstate COO
@rmcuming
will be joining to chat about why our new crypto basis fund, USCC, is a game changer for institutional investors, and other trending topics from the week.