Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market

Blockchain asset management company Superstate launches private tokenized fund USCC

2024-07-22 15:40
Odaily News According to official news, blockchain asset management company Superstate announced the launch of its second investment product, Superstate Crypto Carry Fund (USCC). USCC is a private tokenized fund designed to provide compliant and convenient crypto "cash-and-carry" transactions for qualified buyers, with ownership represented in the form of tokenized and non-tokenized shares. USCC's strategy takes advantage of the price difference between the spot and futures markets of Bitcoin and Ethereum, and will optimize the returns and risks of the portfolio, including basic opportunities, pledges, and U.S. Treasuries (relative to Federal Funds Rate). By providing the option to issue USCC as an ERC-20 token on the Ethereum blockchain, the fund will allow qualified investors to use it for collateral or settlement in the future, thereby increasing its utility.