Tokenized RWA Issuance Platform (Equities & Treasuries)

Superstate is a vertically integrated real-world asset (RWA) tokenization platform that issues tokenized U.S. Treasury securities and tokenized public equities natively on major blockchains, bridging traditional capital markets with DeFi infrastructure.

USTB — Tokenized U.S. Treasury Fund

USTB is Superstate's tokenized money market fund holding short-duration U.S. Treasury Bills, available to Qualified Purchasers on Ethereum, Solana, and Plume. With $832M+ AUM and a 3.45% 30-day yield, USTB is one of the largest tokenized treasury products in the market. It supports single-transaction onchain minting and redemption, making it a composable, yield-bearing RWA building block for DeFi protocols, stablecoin issuers, and institutional treasuries. USTB is integrated as collateral on Aave (Ethereum) and Kamino (Solana).

Opening Bell — Tokenized Public Equities

Opening Bell is Superstate's SEC-registered transfer agent platform enabling public companies to tokenize their existing stock on Ethereum, Solana, Plume, and other blockchains. These are the same legal shares that trade on Nasdaq or NYSE — recorded onchain by Superstate as transfer agent, not derivatives or synthetic wrappers.

Key Features

• Token-level permissioning with KYC'd allowlisted wallets and programmatically enforced regulatory compliance
• Real-time shareholder visibility as capital is raised or shares change hands
• 24/7/365 transfer and settlement across onchain venues including DEXs and lending protocols
• Direct Issuance Program (DIP): issue new tokenized shares to eligible investors at real-time market prices, settled in stablecoins, at a fixed administrative fee
• Multi-chain support across Ethereum, Solana, and Plume

Why Superstate

As an SEC-registered investment adviser and transfer agent, Superstate combines regulatory rigor with DeFi composability. Institutional-grade custody via BNY Mellon and Anchorage Digital, audited by Ernst & Young. Backed by Bain Capital Crypto, Haun Ventures, and Brevan Howard.