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Reading: Tokenized Issuer Superstate Introduces New Tokenized Fund to Profit from BTC, ETH ‘Carry Trade’
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News Junction > Blog > Cryptocurrency > Tokenized Issuer Superstate Introduces New Tokenized Fund to Profit from BTC, ETH ‘Carry Trade’
Tokenized Issuer Superstate Introduces New Tokenized Fund to Profit from BTC, ETH ‘Carry Trade’
Cryptocurrency

Tokenized Issuer Superstate Introduces New Tokenized Fund to Profit from BTC, ETH ‘Carry Trade’

Published July 23, 2024
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Ethena’s token generates yield from perpetual futures’ funding rates and passes on the income to those who lock-up or stake, the token. Meanwhile, Superstate sells futures with certain maturity dates providing a more predictable return, and distributes the yield to all token holders, Leshner said. USCC also targets qualified, whitelisted investors to comply with U.S. securities laws and operates as a series of a Delaware Trust, a bankruptcy-remote entity from Superstate, he added.

#Tokenized #Issuer #Superstate #Introduces #Tokenized #Fund #Profit #BTC #ETH #Carry #Trade

TAGGED:asset tokenizationBTCcarrycrypto cash and carrycrypto yieldETHfundIntroducesissuerProfitSuperstatetokenizedtokenized assettrade
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