Superstate Registers Digital Transfer Agent with SEC

Blockchain-based asset management firm Superstate announced on Thursday the registration of its digital transfer agent, Superstate Services LLC, with the U.S. Securities and Exchange Commission (SEC). This initiative aims to connect tokenized assets with existing financial regulations.

Role of Transfer Agents

Transfer agents handle issuer tasks such as managing shareholder records, processing transactions, and distributing dividends. As securities increasingly adopt blockchain technology, digital transfer agents become essential for compliance and governance. Superstate Services will utilize blockchain-integrated record-keeping for real-time ownership tracking. A smart contract-driven allowlist will ensure that only approved investors can purchase tokenized shares.

> “Through this innovative approach, Superstate advances tokenized security compliance while integrating into the existing regulatory regime,” the company stated.

Superstate’s registration follows remarks from SEC Commissioner Hester Peirce, who highlighted the importance of transfer agents for the future of tokenized securities during a recent statement.

Company Overview

Superstate, headed by CEO Robert Leshner, is a significant player in the tokenized asset sector, managing two tokenized security funds, USTB and USCC, with over $420 million in combined assets under management.

While Superstate Services will initially support its own funds, there are plans to extend services to other issuers as the tokenized securities market expands.

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