Bitwise to Explore Tokenized Shares for BSOL with Superstate

Bitwise Asset Management has partnered with Superstate to explore tokenizing shares of its Bitwise Solana Staking ETF (BSOL). This will allow investors to hold their shares in tokenized form, recorded on a blockchain and maintained through Superstate's transfer agency infrastructure.

The partnership aims to bring securities onchain, enabling access to new investor capital and modern financial markets. Bitwise expects BSOL to be its first fund for which the tokenized share option may become available, subject to applicable legal and regulatory requirements.

Bitwise has a global presence with $9 billion in client assets and a suite of over 70 investment products spanning ETFs, separately managed accounts, private funds, DeFi strategies, and staking. Superstate partners with issuers to bring securities onchain and has previously worked with Bitwise on other projects.