# Superstate

> Move funds and stocks onchain

Superstate tokenizes securities and investment funds, connecting financial assets with crypto capital markets for 24/7 global access and DeFi use cases.

Superstate helps public companies and asset managers connect financial assets with blockchain-based capital markets through tokenized securities and funds. Companies can issue SEC-registered shares on Ethereum and Solana via Opening Bell, with real-time onchain settlement and direct capital raising. Asset managers can tokenize existing funds using FundOS, giving crypto-native investors access to yield-bearing products composable with DeFi protocols.

- Type: Company
- Sector: Finance
- Status: Active
- Founded: 2023-01-01
- Profile: https://thegrid.id/profiles/superstate

## Products

- [FundOS](https://thegrid.id/profiles/superstate): FundOS is a platform for asset managers to bring private funds, mutual funds, and ETFs onchain. It integrates with existing fund service providers through a portal, APIs, and configurable workflows without requiring changes to current operations. The platform manages full shareholder registries across book-entry and supported blockchains, processes subscriptions and redemptions via USD and USDC, and enforces a compliance perimeter through a permissioned allowlist. Native integrations with DeFi lending protocols and vaults are included. (RWA Tokenisation Platform, Live)
- [Opening Bell](https://thegrid.id/profiles/superstate): Opening Bell is a platform enabling companies to tokenize SEC-registered shares on Ethereum and Solana. Superstate provides SEC-registered transfer agent services to record and issue existing shares as tokens on selected blockchains. A Direct Issuance Program allows public companies to raise capital by issuing new tokenized shares directly to eligible investors, with purchases settled in stablecoins and ownership recorded on-chain without underwriters. (RWA Tokenisation Platform, Live)
- [Superstate Investor Portal](https://thegrid.id/profiles/superstate): Superstate Investor Portal is a web platform for investors to onboard, access, and manage tokenized funds and equities issued through Superstate. Investors complete KYC onboarding and add wallet addresses to an allowlist for on-chain holdings. The portal supports subscriptions and redemptions for USTB and USCC, access to Opening Bell tokenized equities, portfolio tracking, and DeFi liquidity access. (Financial Services Platform, Live)

## Assets

- [Superstate Short Duration US Government Securities Fund (USTB)](https://thegrid.id/profiles/superstate): USTB is a security token issued by Superstate representing shares in the Short Duration US Government Securities Fund. Qualified Purchasers access income from short-duration Treasury Bills, with shares mintable and redeemable using USDC on Ethereum, Solana, and Plume. The fund uses a continuously incrementing NAV per share to accrue interest in real time, enabling atomic on-chain mint and redeem in a single transaction on Ethereum. (Security)
- [Superstate Crypto Carry Fund (USCC)](https://thegrid.id/profiles/superstate): USCC is a security token issued by Superstate representing shares in the Crypto Carry Fund. Qualified Purchasers access yield from crypto cash-and-carry strategies across Bitcoin, Ether, Solana, and U.S. Treasury securities, with shares available on Ethereum, Solana, and Plume. The fund earns the differential between spot and futures prices, combining basis trades with staked asset allocations and Treasury bill positions. (Security)
- [Galaxy Digital Inc. Class A Common Stock (GLXY)](https://thegrid.id/profiles/superstate): GLXY is a security token representing Class A common stock of Galaxy Digital Inc., issued through Superstate's Opening Bell platform on Solana. Eligible investors can hold shares as tokens or in book-entry form and use them as collateral in DeFi lending protocols. The tokens represent NASDAQ-listed SEC-registered equity recorded on-chain by Superstate as a registered transfer agent. (Security)
- [Forward Industries, Inc. Common Stock (FWDI)](https://thegrid.id/profiles/superstate): FWDI is a security token representing common stock of Forward Industries, Inc., issued through Superstate's Opening Bell platform on Solana. Eligible investors can hold shares as tokens or in book-entry form and deposit them as collateral in DeFi lending protocols such as Kamino. The tokens represent NASDAQ-listed SEC-registered equity, and existing shareholders can transfer brokerage-held shares to an allowlisted Solana wallet. (Security)
- [SharpLink Gaming, Inc. Common Stock (SBET)](https://thegrid.id/profiles/superstate): SBET is a security token representing common stock of SharpLink Gaming, Inc., issued through Superstate's Opening Bell platform on Ethereum and Linea. Eligible investors can hold shares as tokens on either network or in book-entry form through Superstate's transfer agent. The underlying company holds ETH as its primary treasury reserve asset. (Security)
- [Exodus Movement, Inc. Class A Common Stock (EXOD)](https://thegrid.id/profiles/superstate): EXOD is a security token representing Class A common stock of Exodus Movement, Inc., issued through Superstate's Opening Bell platform on Solana. Eligible investors can hold shares as tokens or in book-entry form, with access managed through Superstate's allowlisted wallet system. The tokens represent NYSE American-listed SEC-registered equity of a software company providing non-custodial crypto wallet products. (Security)
- [Solana Company (HSDT)](https://thegrid.id/profiles/superstate): HSDT is a security token representing equity shares of Solana Company, issued through Superstate's Opening Bell platform on Solana. Eligible investors can hold shares as tokens or in book-entry form through Superstate's transfer agent infrastructure. The tokenized shares operate within the Opening Bell framework for compliant on-chain public equity access. (Security)

## Links

- [Main](https://superstate.com)
- [Blog](https://superstate.com/newsroom)
- [Documentation](https://docs.superstate.com)
- [Terms of Service](https://superstate.com/terms)
- [Twitter / X](https://x.com/SuperstateInc)
- [GitHub](https://github.com/superstateinc)
- [LinkedIn](https://linkedin.com/company/superstate)

## Legal

This data is provided under two licensing models.

Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation.

Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
- a project's presence in The Grid's data does not imply endorsement.


- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP