Superstate

Superstate is a New York-based asset management firm founded in 2023, focusing on blockchain-tokenized financial products. The company aims to modernize traditional finance by utilizing blockchain technology to enhance speed, programmability, and compliance. Superstate has successfully raised $18 million in funding, including a Series A round, with notable investors such as Nascent, Folius Ventures, and Hack VC. The firm offers two main products: the Superstate Short Duration US Government Securities Fund (USTB) and the Superstate Crypto Carry Fund (USCC). USTB provides exposure to short-duration U.S. Treasury Bills with daily liquidity and a yield of 4.10%. USCC offers compliant exposure to crypto cash-and-carry trades, including staking, with a management fee of 0.75%. Superstate also provides tokenization infrastructure on Ethereum, enabling programmable securities and on-chain compliance. The company targets qualified purchasers and institutional investors, emphasizing transparency and regulatory compliance through its structured funds.