Blockchain Firm said Superstate on Thursday is registered with its digital transfer agent.
Moving agents help those who give shareholder records, process transactions, and distribute dividends. While security moves more on the chain, digital transfer agents play a critical role in maintaining compliance and management. Superstate Services will use blockchain-integrated record precautions to monitor ownership in real time. A intelligent list -driven list will ensure that only approved investors can get tokenized shares.
“Through this innovative approach, the Superstate is advancing tokenized security compliance while incorporating the existing regulation regime,” the company said in a statement.
Superstate registration arrived after the SEC Commissioner Hester Peirce, who leads the agency Crypto Task Forcethat had been highlighting last month to a statement The importance of future shift agents of tokenized securities.
Read more: Sec Commissioner Hester Peirce puts 10 priorities for the new Crypto Task Force
Superstate, led by CEO Robert Leshner, is one of the major players in the tokenized asset space that offers two tokenized security funds, USTB and USCC with over $ 420 million of the owners under the management of the combined.
At first, Superstate Services will only support its own funds, but the firm plans to expand services to other providers as the market grows for tokenized securities.
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