Tokenization News: Superstate Rolls Out Direct Stock Issuance on Ethereum, Solana

Superstate, a fintech firm focused on blockchain, has introduced the Direct Issuance Program, allowing U.S. SEC-registered public companies to raise capital by selling newly-issued, tokenized equity directly to investors on the Ethereum and Solana blockchains in exchange for stablecoins. This process updates shareholder records in real-time using Superstate's SEC-registered transfer agent infrastructure, offering immediate settlement and potentially reducing costs and delays compared to traditional underwriting methods. Superstate CEO Robert Leshner stated the goal is to enable onchain capital raising with built-in compliance, supporting faster and more efficient global fundraising. This initiative builds upon Superstate's earlier platform, Opening Bell, which was used for tokenizing public equity by companies like Galaxy Digital and Sharplink Gaming.

(Source：CoinDesk)