Tokenized funds
Superstate gives investors access to tokenized funds from leading asset managers. Each fund is run by its own third-party investment manager. Superstate provides the tokenization, transfer-agent, and Investor Portal infrastructure that lets investors hold and transact in the fund on-chain or in book-entry. Shares for supported funds are available as tokens on various blockchains including Ethereum, Solana, and Plume, or held in book-entry by Superstate.
How it works
Get approved: Submit your entity application, including Accredited Investor status. See Getting started.
Apply to a fund: Apply to each fund individually. Some funds allow direct application in the Investor Portal, while others require applying through the fund's administrator or issuer.
Subscribe: Send payment and receive shares to your default transaction destination. See Subscription
Hold shares: As tokens in an allowlisted wallet, or in book-entry held by Superstate.
Redeem: Burn tokens by sending them to a burn address, or initiate a book-entry redemption directly from the investor portal. See Redemption.
Eligibility
Investors must be Qualified Purchasers and pass KYC/AML screening, and must be approved before applying to a fund. See Getting started.
Available funds
See the fund directory or https://superstate.com/assets for a full list of available funds.
Transactions
Market days & holidays
The Funds recognize the following U.S. market holidays:
New Year's Day – January 1
Birthday of Martin Luther King, Jr. – January 15
Washington's Birthday – February 19
Good Friday – March 29
Memorial Day – May 27
Juneteenth National Independence Day – June 19
Independence Day – July 4
Labor Day – September 2
Columbus Day – October 14
Veterans Day – November 11
Thanksgiving Day – November 28
Christmas Day – December 25
USTB
Subscriptions and redemptions in USDC may still be made, but no Treasury Bills will be bought or sold. The traditional Cash Needs processes will not take place.
USCC
Subscriptions and redemptions will be calculated at the following market day NAV/share (T+1), with tokens or redemptions proceeds issued on the next market day (T+2).
CUSHY
Subscriptions and redemptions are managed by Northern Trust. Redemptions are paid out on Redemption Dealing Days (the end of the next quarter) and subscriptions are executed on the last market day of each month, so timing is not affected by holidays.
Disclaimers
This document should not be relied upon or be used as a substitute for the Fund Offering Documents, which are controlling and supersede any information provided here. Prospective investors are urged to seek the advice of their own counsel, tax consultants and business advisors with respect to the legal, tax, and business aspects of investing in the Fund prior to making an investment decision. Note, this document will be updated periodically.
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