Bitwise Plans to Partner with Superstate to Advance Fund Share Tokenization, BSOL May Become First Pilot Product
Source:
www.prnewswire.com
According to PRNewswire, Bitwise Asset Management announced a partnership with fintech company Superstate to develop tokenized share holding functionality for some of its funds. Under the plan, tokenization will only change the registration form of fund shares, without changing investors' purchase channels, holding rights, or the underlying products themselves. Investors will be able to choose to hold shares through traditional book-entry forms or in tokenized form recorded on the blockchain.