Securitize is a platform for tokenizing a wide range of real-world assets (RWAs), aiming to bring traditional securities on-chain. Superstate focuses specifically on tokenized U.S. Treasury funds, currently operating on Ethereum and Solana. Securitize suits issuers and investors seeking broad RWA exposure, while Superstate is best for those wanting a regulated, yield-bearing Treasury product on-chain.
| Token Price | — | — |
| 24h Change | — | — |
| Market Cap | — | — |
| TVL | $4.84BDefiLlama | $750.7MDefiLlama |
| MCap Rank | #263 | #82 |
| Total Raised | $121.8M | $96.5M |
| Founded | 2017 | 2023 |
| Stage | — | — |
| X / Twitter | 86K | 270 |
| GitHub Stars | — | — |
| Chains | aptosarbitrumavalanche | ethereumplumesolana |
| Tags | Digital Securities, CeFi, RWA | DeFi, RWA, DeFi |
Securitize is a leading tokenization platform that enables digital, tokenized exposure to real-world assets such as CLOs, and has processed over $5B in RWA value. It provides institutional-grade custody and servicing for tokenized securities, and is expanding into onchain IPOs and follow-on offerings.
Superstate issues USTB, an on-chain tokenized fund that invests in short-term U.S. Treasury and agency securities, targeting the federal funds rate with a 0.15% management fee. It enables qualified purchasers to subscribe and redeem using USDC, with daily NAV provided by NAV Consulting and compliant on-chain transfer through an Ethereum-based allowlist. The fund offers flexible custody options and is integrated into several ecosystems, including Solana, Ethereum, and Plume Network.