Bitwise Takes Over Management of Superstate’s USCC Tokenized Fund
Bitwise Asset Management is assuming control of Superstate’s $224.6 million crypto carry fund to expand its presence in tokenized investment products.Summary
Bitwise Asset Management has announced it will take over the management of the Superstate Crypto Carry Fund (USCC), marking the firm's entry into the tokenized investment sector. The fund, which currently manages approximately $224.6 million in assets, utilizes cash-and-carry trading strategies to generate yield.
Upon the transition completion on June 1, the fund will be rebranded as the Bitwise Crypto Carry Fund. Superstate will pivot to focus on its infrastructure platform, FundOS, while continuing to manage the underlying onchain services, including token issuance and smart contract operations. This move reflects a broader trend of expanding tokenized real-world assets into more active, yield-generating investment strategies.
(Source：Cointelegraph)