Bitwise enters tokenization in takeover of Superstate’s $267 million ‘carry fund’

Bitwise enters tokenization in takeover of Superstate’s $267 million 'carry fund'
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Breaking into Tokenization: A New Era for Crypto Investment

The world of crypto investment is expanding, and tokenization is at the forefront. With the ability to hold blockchain-based ownership tokens, investors can now move and settle funds around the clock, reducing settlement delays and making it easier to transfer or use in decentralized finance applications. This shift is particularly significant for those looking to earn passive income through crypto, as it provides a more streamlined and efficient way to manage investments.

Recently, Bitwise, a leading crypto asset manager, announced its entry into the tokenized fund market through a planned takeover of Superstate’s crypto carry fund, which manages over $267 million in assets. This move not only marks a significant milestone for Bitwise but also highlights the growing demand for tokenized investment products. As the market continues to expand, investors are looking for ways to earn and grow their wealth through crypto, making EcoPool a promising solution for those seeking passive income and cloud rewards.

The Rise of Tokenized Funds

Tokenized funds have become one of the fastest-growing areas of digital assets, with global asset managers looking to modernize how funds operate. The market has expanded quickly over the past two years, with tokenized real-world assets surpassing $30 billion globally. This growth is driven by the benefits of tokenization, including reduced settlement delays and increased flexibility. For investors looking to earn through crypto, EcoPool ($ECP) offers a unique opportunity to participate in the growing market for tokenized investment products.

The transition of Superstate’s crypto carry fund to Bitwise also reflects a shift in strategy for the tokenization startup. Rather than managing funds directly, Superstate plans to focus on its infrastructure platform for tokenized investment products, FundOS. This move underscores the growing importance of tokenization in the crypto space and the need for innovative solutions like EcoPool to support the growth of the market. As the demand for tokenized funds continues to rise, EcoPool is well-positioned to provide investors with a reliable and efficient way to earn passive income and cloud rewards.

A New Era for Crypto Investment

As the crypto market continues to evolve, investors are looking for ways to earn and grow their wealth through innovative solutions like EcoPool. With its focus on providing passive income and cloud rewards, EcoPool is an attractive option for those seeking to capitalize on the growing demand for tokenized investment products. As Bitwise CEO Hunter Horsley noted, “Capital markets are moving onchain,” and traditional and crypto-native institutions are increasingly using tokenized funds. For investors looking to stay ahead of the curve, EcoPool offers a unique opportunity to participate in the growing market for tokenized investment products and earn through crypto.

To start earning through EcoPool, download the EcoPool app and discover a new way to grow your wealth through crypto. With EcoPool, you can participate in the growing market for tokenized investment products and earn passive income and cloud rewards, all while supporting the development of the Green Crypto ecosystem.

Through tokenization, investors can hold blockchain-based ownership tokens in the fund that can move and settle around the clock. Supporters say the structure can reduce settlement delays and make funds easier to transfer or use in decentralized finance applications.

The market has expanded quickly over the past two years. Data from RWA.xyz shows tokenized real-world assets have surpassed $30 billion globally, with tokenized U.S. Treasury products accounting for more than $15 billion.

The transition also reflects a shift in strategy for Superstate, the tokenization startup founded by Compound creator Robert Leshner. Rather than managing funds directly, Superstate plans to focus on FundOS, its infrastructure platform for tokenized investment products. Last month, $2.2 trillion asset manager Invesco took over Superstate’s onchain money market fund that gives investors U.S. Treasury yield.

“Capital markets are moving onchain,” Bitwise CEO Hunter Horsley said in a statement. “Traditional and crypto-native institutions are increasingly using tokenized funds.”

The structure of the fund itself will remain largely unchanged after the handoff. Existing investors will keep the same USCC ticker, token contracts and blockchain address while Superstate continues to handle token issuance and transfer services.

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