Superstate Launches Direct Issuance Program for Tokenized Shares on Ethereum and Solana
Superstate has introduced its Direct Issuance Program, enabling SEC-registered public companies to issue tokenized shares directly on the Ethereum and Solana blockchains. This platform allows issuers to raise funds by selling tokenized equity onchain to investors, with all transactions settled instantly using stablecoins.
Investors benefit from receiving tokenized shares immediately, while shareholder records are updated in real time through Superstate's SEC-registered transfer agent infrastructure. The first issuers are expected to go live in 2026, with the initial program launch planned for 2025.
The program aligns with increasing regulatory support for blockchain-based capital markets. SEC Chair Paul Atkins has indicated that tokenization could transform the financial system, and regulatory bodies are opening opportunities for blockchain market infrastructure.
This initiative builds on Superstate's earlier Opening Bell platform, which already counts Galaxy Digital and Sharplink Gaming among its initial adopters. According to Superstate CEO Robert Leshner, the shift reduces reliance on traditional intermediaries and offers benefits such as instant settlement, transparent participation, and compliance-by-design rails.
