Tokenized Asset Manager Superstate Registers Transfer Agent with SEC

Superstate, a blockchain-based asset management firm, has registered its digital transfer agent, Superstate Services LLC, with the U.S. Securities and Exchange Commission (SEC). This move aims to enhance compliance and governance for tokenized assets in line with existing financial regulations. Superstate Services will utilize blockchain technology for real-time record-keeping and a smart contract-driven allowlist to regulate investor access to tokenized shares. With over $420 million in assets under management, Superstate plans to eventually expand its services to other issuers as the tokenized securities market grows. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: CoinDesk