Bitwise enters tokenization in takeover of Superstate’s $267 million 'carry fund'
Bitwise assumes management of Superstate's $267 million USCC crypto carry fund June 1, marking the asset manager's first tokenized fund venture. The fund targets qualified investors seeking profits from spot-futures price spreads using blockchain infrastructure. The move reflects growing institutional adoption of tokenized assets, now exceeding $30 billion globally, as traditional and crypto-native firms modernize capital markets operations.
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