Superstat is expanded to tokenized shares; Sun strategies (HODL) need to be first list

Superstate, the tokenized asset management company behind USD 650 million USTB Token, is moving to warehouse tookenization with a new blockchain-based marketplace for public shares available first at Solana (SOL).

The platform, called opening bells and revealed on Wednesday, allows companies to create tokenized versions of SEC-registered stocks-not derivatives or synthetic assets and acts directly on blockchain rails.

Contrary to the current practice, which depends on centralized stock exchanges and multi -day settlements, the opening bell supports real time, around the clock trade and programmable securities. The platform is targeted at both public companies on traditional exchanges and private companies seeking access to liquidity.

Canadian investment company SOL strategies said it plans to be the first issuer on the platform showing its share for on-chain trading with Solana pending regulatory approval.

Tokenization has become one of the hottest trends in financing. Asset leaders and even central banks are experimenting with putting assets in the real world-bonds, foundations, stock-account blockchains to improve efficiency and expand access.

It’s a huge option: Tokenized assets are expected to become a multitrillion-dollar market this decade, according to McKinsey, BCG, BCG, 21Shares and Bernstein reports.

While technology is moving on quickly, the industry leaders including Blackrocks Larry Fink and Robinhood’s Vlad Tenev have called on regulators to provide clearer guidelines. SEC is planning to hold a round table on tokenization next week, with superstaten General Partner Alex Zozos expected to participate in the discussion.

Superstate registered his digital transfer agent at SEC earlier this year and laid the basis for adjusting tokenized securities with the current regulatory framework.

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