Superstate, the tokenized asset management firm behind the $650 million USTB token, is moving into stock tokenization with a new blockchain-based marketplace for public equities, first available on Solana (SOL).

Superstate, the tokenized asset management firm behind the $650 million USTB token, is moving into stock tokenization with a new blockchain-based marketplace for public equities, first available on Solana (SOL).

Superstate, the tokenized asset management firm known for its $650 million USTB token, is expanding into stock tokenization with a new blockchain-based marketplace for public equities, initially launching on Solana (SOL).

Announced on Wednesday, the platform—named Opening Bell—will enable companies to tokenize SEC-registered shares, not derivatives or synthetic assets, and trade them directly on blockchain chains.

In contrast to the centralized exchanges and multi-day settlements used today, the platform supports real-time, around-the-clock trading and programmable securities.

The platform is targeting both already public firms listed on traditional exchanges and late-stage private companies seeking access to liquidity.

Canadian investment firm SOL Strategies will be the first issuer on the platform, listing its stock for on-chain trading on Solana pending regulatory approval.

Tokenization has emerged as a key area of innovation in finance, with asset managers and even central banks experimenting with transferring real-world assets—bonds, funds, equities—onto blockchains to enhance efficiency and expand access.

This technology is expected to unlock a vast market opportunity, with tokenized assets projected to reach a multitrillion-dollar size by the end of the decade, according to estimates from McKinsey, BCG, 21Shares and Bernstein.

Despite the rapid progress, industry leaders such as BlackRock CEO Larry Fink and Robinhood CEO Vlad Tenev have called for regulators to provide clearer guidance on the topic.

The SEC is set to host a roundtable on tokenization next week, where Superstate general partner Alex Zozos is expected to participate.

Earlier this year, Superstate registered its digital transfer agent with the SEC, aiming to align tokenized securities with the existing regulatory framework.