Bullish

Bitwise Partners with Superstate to Introduce Tokenized Fund Holding Options

09:04

Bitwise and Superstate collaborate to enable tokenized share ownership for select funds, allowing investors to choose between traditional accounting and blockchain-based settlement records.

Woofun AI reports that Bitwise Asset Management has partnered with Superstate to develop tokenized holding options for a selection of its funds. Superstate specializes in assisting issuers and asset managers in bringing securities on-chain. Under the agreed framework, tokenization alters only the method of recording share ownership, leaving investor rights and purchase channels unchanged. Shareholders may opt to hold shares in traditional accounting formats or in tokenized form, with the latter recorded on the blockchain and maintained via Superstate's settlement infrastructure.

WOOFUN AI

Impact Assessment · Quick Read

This partnership signals a move toward hybrid custody solutions, allowing traditional investors to access blockchain benefits without altering fund mechanics. By offering a choice between traditional and tokenized records, Bitwise may lower the barrier for institutional adoption of RWA infrastructure. The integration with Superstate’s settlement layer could streamline secondary market liquidity for these specific fund shares.
Generated by WOOFUN AI · For reference only, not investment advice

Comments

Me
Replying to @User
0/800

No comments yet.

Notifications

Sign in to view messages
View all messagesManage subscriptions