Superstate raises $82.5 million Series B funding to expand onchain equity issuance infrastructure

Superstate announced it has raised $82.5 million in Series B financing, led by Bain Capital Crypto and Distributed Global, bringing its total disclosed funding to over $100 million. The company plans to use this capital to accelerate the expansion of its issuance layer beyond tokenized Treasuries to support U.S. Securities and Exchange Commission-registered equities on Ethereum and Solana. Superstate focuses on modernizing capital formation by providing regulated market infrastructure, including compliant issuance, settlement, and shareholder recordkeeping systems, operating as an SEC-registered transfer agent. Its Opening Bell platform facilitates Direct Issuance Programs, allowing public companies to issue tokenized shares directly to investors using stablecoins, which carry the same rights as traditional stocks. The firm's assets under management have surpassed $1.2 billion, and CEO Robert Leshner anticipates tokenization will catalyze capital markets transformation.

(Source：The Block)