Superstate is an asset management firm developing tokenized investment fund infrastructure.
Superstate is led by Robert Leshner, previous founder of Compound Labs. In November 2023, they raised $14M in a series A co-led by Distributed Capital and CoinFund.
The Superstate Industry Council (SIC) is a collective of institutions pushing Superstate’s roadmap.
USTB – Superstate Flagship Product
In Feburary 2024, they released the SuperState Short Duration U.S. Government Securities Fund (USTB). In short, USTB is a tokenized treasury investment vehicle.
This product is only available to U.S. Qualified Purchasers. After minting, depositers are issued USTB on Ethereum mainnet. The fund accepts deposits with USD or USDC. USTB token