Superstate launches on-chain direct issuance solution, enabling companies to raise funds through tokenized stocks
Foresight News reported, according to The Block, that Superstate, a crypto-focused fintech company founded by Compound founder Robert Leshner, has launched a new blockchain-based service for conducting direct issuance programs on Ethereum and Solana. This service will enable companies to raise funds by issuing on-chain securities, including tokenized versions of their existing SEC-registered shares in the United States or new classes of shares. The first issuers are expected to go live in 2026. Investors will pay with stablecoins and receive tokenized assets.
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