Superstate
USTB’s innovative structure and partnership with established service providers breaks new ground in the private funds space. The fund invests in short duration U.S. Treasury and U.S. Agency securities, targeting the federal funds rate, with a 0.15% management fee.1 Accepted U.S. Qualified Purchasers are able to subscribe to and redeem from the Fund using USDC2 at a daily NAV which is calculated by NAV Consulting. USTB’s Ethereum-based Allowlist enables on-chain ownership, transfer, and compliance. Additionally in the future, it is likely that peer-to-peer transactions will be possible, subject to applicable restrictions. The Fund’s flexibility carries through to custody; investors can self-custody USTB in the on-chain addresses of their choice, such as an EOA, multi-sig, or MPC wallet. Additionally, investors can choose to utilize Anchorage Digital Bank National Association, a custodian and federally chartered bank, or BitGo, a qualified custodian and New York state chartered trust. Superstate, an Exempt Reporting Adviser, serves as the Fund’s investment manager, with Federated Hermes serving as the Fund’s sub-advisor. USTB is a series of a Delaware Trust, which is legally separate from Superstate. For more Fund details, please consult the USTB information page. USTB marks the start of our mission to tokenize the world’s assets. We’re committed to developing regulated, modern investing products that enhance investment opportunities for institutions, and, ultimately, all investors.
News
Big week for USCC. With @Bitwise now managing the strategy, Superstate continuing to power the rails, and $120M+ already deployed on @Aave Horizon, the fund is showing what tokenized assets are here to do. Put capital to work. https://x.com/aave/status/2061784258679549970
LATEST: ⚡️ Bitwise has completed its takeover of Superstate's $259M Crypto Carry Fund, generating ~4% yield through market-neutral crypto cash-and-carry trades.
Introducing the Bitwise Crypto Carry Fund (USCC)—a $259 million tokenized fund* built to provide yield through a market-neutral “crypto basis” strategy. Current annual yield: 4%. Powered by Superstate FundOS. Available to qualified purchasers. More color on USCC: - Runs a market-neutral basis-trad
USCC is now the @Bitwise Crypto Carry Fund. Bitwise manages the strategy. Superstate powers the rails. $260M+ in assets. 100+ institutional investors. $120M+ used as onchain collateral. Superstate FundOS is bringing asset management onchain.
Not what we’re doing. The tokenization models you described (excluding superstate) are great, but they are insufficient by themselves, because you don’t actually own the security entitlement. Statutory rights do not apply to you the holder. You pay too many taxes （in your case double which is just a
Superstate FundOS is the operating system for tokenized funds. Soon, it will power onchain funds from some of the world’s leading asset managers.
IPOs have a major public moment, but the real story starts long before trading begins. The Pop is a new podcast from Superstate about the decisions, incentives, players, and market machinery behind going public. First episode coming soon.
Tokenized equities are moving from idea to reality. Through CoinList + @SuperstateInc , investors can access IPOs and equities fully onchain directly to their self-custody wallets. No wrappers, real equity. Join the Superstate waitlist: https://coinlist.co/superstate
Everyone talks about IPO day. We’re going deeper. Who gets in early? Who pulls the levers? Who wins before trading even begins? What really happens before and after the bell? Presenting The Pop: a Superstate podcast exploring America’s IPO machine. https://t.co/0pRqWoNpC9
Congrats to @FWDind and @Sharplink on their upcoming inclusion in the Russell indexes. Both shares are available onchain via Superstate. Explore more: https://t.co/GP4GSZZyzE