Bitwise Partners with Superstate to Launch Tokenized Holdings for Its Funds

Odaily News: Bitwise Asset Management announced a partnership with Superstate to jointly develop tokenized holding capabilities for some of its funds. Superstate is focused on working with issuers and asset management firms to bring securities on-chain. Under the framework currently being developed by both parties, tokenization only changes how share ownership is recorded. Investors can still purchase the same shares of the relevant funds through existing channels and enjoy the same rights. Shareholders may choose to hold their shares either through traditional book-entry methods or in tokenized form, with the latter recorded on the blockchain and maintained through Superstate's transfer agent infrastructure.