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[SITUATION] · [QUIET] · [BUSINESS]

2 clusters · 6 sources · 3 days · First seen 29 days ago · Last updated 26 days ago

Bitwise and Superstate tokenization exploration

Overview

Bitwise Asset Management is exploring the tokenization of fund shares through a partnership with fintech firm Superstate. The Bitwise Solana Staking ETF (BSOL) has been identified as the potential first candidate for this initiative.

The project focuses on recordkeeping, allowing investors to choose between traditional book-entry ownership via The Depository Trust Company or blockchain-based ownership through Superstate’s transfer-agency system. Under this framework, tokenized shares would maintain the same economic and voting rights as traditional shares without creating a separate security.

Bitwise has clarified that this is a development effort rather than a finished product. The implementation remains subject to legal and regulatory requirements, with no guarantee that a tokenized option will launch or a specific timeline for the capability.

Entities

Bitwise Asset Management · Superstate · Bitwise Solana Staking ETF · NYSE Arca · Hunter Horsley

Timeline

26 days ago

[BUSINESS] 2 sources
Bitwise and Superstate test tokenized shares for Solana ETF
Bitwise Asset Management and Superstate are testing tokenized shares for the Bitwise Solana Staking ETF, allowing blockchain-based ownership alongside traditional book-entry methods.
29 days ago

[BUSINESS] 4 sources
Bitwise explores tokenized fund shares and new alpha strategies
Bitwise is partnering with Superstate to explore tokenizing shares of its Solana Staking ETF (BSOL) and is preparing to launch a new ‘alpha strategies’ investment line.

Sources

bitcoinethereumnews.com · coincu.com · cryptobriefing.com · cryptonomist.ch · neweconomy.jp · news.bitcoin.com