Coinbase targets stablecoin investors with tokenized credit strategy

Coinbase Asset Management has introduced CUSHY, a new digital credit strategy designed for qualified investors and institutions. This strategy aims to provide exposure to credit opportunities arising from the growth of stablecoins and onchain finance. Investors can access tokenized shares through Superstate's FundOS platform, offering transparency and 24/7 onchain utility across Ethereum, Solana, and Base blockchains. CUSHY is structured as a diversified opportunistic credit strategy focusing on public credit, private/opportunistic credit, and "structural alpha," seeking yield premiums from capital moving onchain. This launch aligns with the increasing mainstream adoption of stablecoins, evidenced by a significant rise in transaction volume. Coinbase Asset Management, an SEC-registered advisor, emphasizes a rigorous risk management framework for CUSHY, reinforcing Coinbase's expansion into institutional asset management and tokenized markets.

(Source：Crypto Briefing)