# Tokenized equities

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## Available equities

See <https://superstate.com/assets> for a full list of equities tokenized by Superstate.

***

## Onboarding

Tokenized shares are available to all investors in supported jurisdictions and do **not** require accredited investor status.

* New users can register a Superstate account at [superstate.com/register](https://superstate.com/register).
* Existing investors can simply log into their existing account to view available equities.

For a more detailed walkthrough of onboarding please see [Getting started](/investors/getting-started.md)

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## Equity Allowlist&#x20;

In order to hold tokenized shares in your third party wallet, you must first add that address to the allowlist.&#x20;

1. Before adding a wallet address to your allowlist, confirm which networks are supported for a given equity. Do this by visiting each equity page from [superstate.com/opening-bell](https://superstate.com/opening-bell)
2. To add your wallet to the allowlist, go to Settings → Allowlist → Add
3. Select the network, enter your wallet address, and give it a nickname

Once an address is added to the allowlist it can hold a token for that equity.&#x20;

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## Transferring existing shares

Holders of supported shares can transfer shares from their traditional brokerage to Superstate.&#x20;

1. Go to Document → Equity Documents
2. Download the transfer form for the company shares you wish to transfer
3. Follow the instructions in the form to initiate a DRS transfer from your brokerage
4. Once shares are transferred from your brokerage to the underlying transfer agent, you can submit the transfer authorization form to the emails on the form

Once complete, shares will appear in your Superstate account in book-entry form. Depending on your brokerage this can take between 2-3 business days from start to finish.

***

## Tokenizing existing shares

If you hold book-entry shares at Superstate, you can convert them into tokens.

1. Go to Portfolio and click on Tokenize next to your book-entry balance
2. Select an amount and a previously added allowlist address
3. Click Tokenize

Your book-entry shares will be converted to tokens and delivered to your wallet.

***

## Trading tokenized shares

Unlike Superstate Funds, shares cannot be directly bought or sold on Superstate. Instead investors can visit a supported DEXs to buy or sell.

1. Go to Portfolio and click Trade
2. In the Trade modal, you can view a list of links to supported DEXs to trade that asset
3. Once you are in the DEX, make sure that you are connected to the same wallet that you added to the allowlist.

***

## Redeeming tokens to book-entry

Tokens can be converted back into book-entry shares. Some investors may choose to do this in order to then transfer them back into their traditional brokerage.

1. Go to Portfolio and click Redeem
2. In the Redeem modal, you can see instructions for how to burn your tokens by sending them to a redemption address
3. Send the tokens from your third party wallet to the address to burn them
4. After the transaction has confirmed onchain, you'll see an updated book-entry balance in the portfolio

To transfer the shares back to your traditional brokerage, you can find the corresponding instructions and transfer authorization form for that equity in Documents.


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