login
who are we?
contact us
qosheapp
Toi Staff
Gideon Levy
Jeffrey Bernstein Ph.d
Tarik Cyril Amar
Moussa Ibrahim
Belen Fernandez
Penny S. Tee
Muhannad Ayyash
John Nosta
Sharona Margolin Halickman
Andrew Silow-Carroll
DeFi Pioneer’s Superstate To Bring Public Equities To Solana
Canada-listed SOL Strategies will be the first to list its shares through the new platform.
Robert Leshner, CEO of Superstate
Superstate, the New York-based blockchain company helmed by Robert Leshner, is rolling out Opening Bell, a platform that will let companies issue and trade SEC-registered public shares directly on blockchains. Leshner is best known for founding Compound, a pioneering decentralized lending protocol, and as a partner at Robot Ventures, an early-stage investor in crypto startups such as EigenLayer, Lido Finance and Flashbots.
Until now, Superstate’s turf was tokenized funds. Its flagship vehicle, USTB, backed by short-term Treasurys, yields about 4.1% and manages $651 million in assets. The newer USCC fund, which wrings returns from cash-and-carry trades across bitcoin, ether and Treasurys, manages $100 million and offers a 6% yield. Both are Ethereum-based and off-limits to retail investors. With Opening Bell, Superstate is opening the doors to support equities on the Solana blockchain and retail investors as well as institutions.
“Our ultimate goal........
© Forbes
visit website