Tokenized Asset Manager Superstate Registers Transfer Agent with SEC

Tokenized Asset Manager Superstate Registers Transfer Agent with SEC

Blockchain-based asset administration agency Superstate stated on Thursday it has registered its digital switch agent, Superstate Companies LLC, with the U.S. Securities and Alternate Fee (SEC), a transfer geared toward bridging tokenized belongings with current monetary laws.

Transfer brokers assist issuers handle shareholder data, course of transactions, and distribute dividends. As securities more and more transfer on-chain, digital switch brokers play a vital function in sustaining compliance and governance. Superstate Companies will use blockchain-integrated record-keeping to trace possession in actual time. A sensible contract-driven allowlist will make sure that solely authorised buyers can purchase tokenized shares.

“Through this innovative approach, Superstate advances tokenized security compliance while integrating into the existing regulatory regime,” the corporate stated in an announcement.

Superstate’s registration comes after SEC Commissioner Hester Peirce, who leads the company’s crypto activity pressure, highlighted final month in an announcement the significance of switch brokers in the way forward for tokenized securities.

Learn extra: SEC Commissioner Hester Peirce Lays Out 10 Priorities for New Crypto Activity Power

Superstate, led by CEO Robert Leshner, is without doubt one of the key gamers within the tokenized asset area providing two tokenized safety funds, USTB and USCC with over $420 million of belongings underneath administration mixed.

Initially, Superstate Companies will help solely its personal funds, however the agency plans to increase companies to different issuers as the marketplace for tokenized securities grows.

Disclaimer: Components of this text have been generated with the help from AI instruments and reviewed by our editorial crew to make sure accuracy and adherence to our requirements. For extra data, see CoinDesk’s full AI Coverage.

Supply hyperlink

author avatar
Crypto Dunia
bitcoin
Bitcoin (BTC) $ 107,902.91 0.83%
ethereum
Ethereum (ETH) $ 2,456.30 0.39%
tether
Tether (USDT) $ 1.00 0.00%
xrp
XRP (XRP) $ 2.19 0.53%
bnb
BNB (BNB) $ 658.75 1.10%
solana
Solana (SOL) $ 149.43 0.52%
usd-coin
USDC (USDC) $ 1.00 0.00%
tron
TRON (TRX) $ 0.282559 1.17%
dogecoin
Dogecoin (DOGE) $ 0.162691 1.55%
staked-ether
Lido Staked Ether (STETH) $ 2,454.61 0.50%
cardano
Cardano (ADA) $ 0.563558 2.15%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 107,872.90 0.84%
hyperliquid
Hyperliquid (HYPE) $ 38.50 1.54%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,964.73 0.45%
bitcoin-cash
Bitcoin Cash (BCH) $ 500.89 3.26%
sui
Sui (SUI) $ 2.79 2.90%
chainlink
Chainlink (LINK) $ 13.14 0.32%
leo-token
LEO Token (LEO) $ 8.94 0.46%
avalanche-2
Avalanche (AVAX) $ 17.66 1.29%
usds
USDS (USDS) $ 1.00 0.00%
stellar
Stellar (XLM) $ 0.232254 1.47%
the-open-network
Toncoin (TON) $ 2.84 0.98%
shiba-inu
Shiba Inu (SHIB) $ 0.000011 1.56%
weth
WETH (WETH) $ 2,455.14 0.51%
litecoin
Litecoin (LTC) $ 85.43 0.23%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,626.04 0.38%
hedera-hashgraph
Hedera (HBAR) $ 0.14866 0.72%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.04%
whitebit
WhiteBIT Coin (WBT) $ 43.61 2.87%
monero
Monero (XMR) $ 322.03 1.19%
bitget-token
Bitget Token (BGB) $ 4.57 0.68%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.00%
polkadot
Polkadot (DOT) $ 3.37 0.65%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 107,796.88 0.80%
uniswap
Uniswap (UNI) $ 7.09 1.16%
pepe
Pepe (PEPE) $ 0.00001 1.22%
aave
Aave (AAVE) $ 266.82 0.29%
pi-network
Pi Network (PI) $ 0.493805 0.46%
dai
Dai (DAI) $ 1.00 0.02%
ethena-staked-usde
Ethena Staked USDe (SUSDE) $ 1.18 0.00%
okb
OKB (OKB) $ 49.22 1.07%
aptos
Aptos (APT) $ 4.55 2.55%
bittensor
Bittensor (TAO) $ 321.76 1.13%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%
jito-staked-sol
Jito Staked SOL (JITOSOL) $ 181.24 0.48%
near
NEAR Protocol (NEAR) $ 2.14 1.82%
internet-computer
Internet Computer (ICP) $ 4.87 2.28%
crypto-com-chain
Cronos (CRO) $ 0.080845 0.31%
ethereum-classic
Ethereum Classic (ETC) $ 16.39 1.21%
ondo-finance
Ondo (ONDO) $ 0.769113 2.12%
susds
sUSDS (SUSDS) $ 1.06 0.02%
usd1-wlfi
USD1 (USD1) $ 1.00 0.04%
kaspa
Kaspa (KAS) $ 0.076101 2.16%
mantle
Mantle (MNT) $ 0.580091 2.61%
fasttoken
Fasttoken (FTN) $ 4.41 0.28%
gatechain-token
Gate (GT) $ 15.58 0.77%
tokenize-xchange
Tokenize Xchange (TKX) $ 23.38 0.88%
cosmos
Cosmos Hub (ATOM) $ 4.03 0.07%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 0.689538 3.22%
vechain
VeChain (VET) $ 0.020863 0.20%
official-trump
Official Trump (TRUMP) $ 8.65 0.82%
arbitrum
Arbitrum (ARB) $ 0.342618 4.05%
lombard-staked-btc
Lombard Staked BTC (LBTC) $ 107,798.88 0.99%
sky
Sky (SKY) $ 0.078798 0.28%
render-token
Render (RENDER) $ 3.18 2.63%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.180991 2.18%
ethena
Ethena (ENA) $ 0.261973 1.27%
sei-network
Sei (SEI) $ 0.276718 3.13%
filecoin
Filecoin (FIL) $ 2.26 0.54%
algorand
Algorand (ALGO) $ 0.176215 4.14%
jupiter-perpetuals-liquidity-provider-token
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 4.46 0.35%
worldcoin-wld
Worldcoin (WLD) $ 0.895145 2.62%
binance-peg-weth
Binance-Peg WETH (WETH) $ 2,458.13 0.56%
first-digital-usd
First Digital USD (FDUSD) $ 0.999617 0.18%
usdtb
USDtb (USDTB) $ 1.00 0.00%
kucoin-shares
KuCoin (KCS) $ 11.07 0.35%
binance-staked-sol
Binance Staked SOL (BNSOL) $ 158.41 0.24%
jupiter-exchange-solana
Jupiter (JUP) $ 0.441168 0.56%
usdt0
USDT0 (USDT0) $ 1.00 0.02%
nexo
NEXO (NEXO) $ 1.20 1.39%
rocket-pool-eth
Rocket Pool ETH (RETH) $ 2,795.51 0.18%
flare-networks
Flare (FLR) $ 0.016904 4.38%
kelp-dao-restaked-eth
Kelp DAO Restaked ETH (RSETH) $ 2,572.61 0.63%
trinique
TNQ (TNQ) $ 10.26 468.75%
spx6900
SPX6900 (SPX) $ 1.20 4.30%
polygon-bridged-usdt-polygon
Polygon Bridged USDT (Polygon) (USDT) $ 1.00 0.00%
bonk
Bonk (BONK) $ 0.000014 3.07%
fartcoin
Fartcoin (FARTCOIN) $ 1.07 4.15%
injective-protocol
Injective (INJ) $ 10.58 1.54%
sonic-3
Sonic (S) $ 0.320696 5.18%
blockstack
Stacks (STX) $ 0.662744 2.35%
celestia
Celestia (TIA) $ 1.46 7.18%
virtual-protocol
Virtuals Protocol (VIRTUAL) $ 1.54 4.92%
binance-bridged-usdc-bnb-smart-chain
Binance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00 0.06%
xdce-crowd-sale
XDC Network (XDC) $ 0.05904 1.26%
optimism
Optimism (OP) $ 0.543502 0.45%
kaia
Kaia (KAIA) $ 0.15982 0.17%
mantle-staked-ether
Mantle Staked Ether (METH) $ 2,623.57 0.59%
pax-gold
PAX Gold (PAXG) $ 3,343.50 0.43%
paypal-usd
PayPal USD (PYUSD) $ 1.00 0.02%
Scroll to Top