Coinbase (COIN) Asset Management introduced the Coinbase Stablecoin Credit Fund “CUSHY – a digital credit strategy, designed to bridge the gap between traditional credit markets and the growing digital asset ecosystem.” Coinbase explained, “For qualified investors and institutions, CUSHY offers investors the option of tokenized shares with transparency and 24/7 onchain utility, powered by FundOS, Superstate’s new turnkey platform that allows asset managers to tokenize funds. Superstate connects financial assets with crypto capital markets to expand access, improve liquidity, and advance capital formation through onchain public listings and tokenized investment products.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on COIN:
- GEMI Stock Jumps as Gemini Obtains a Landmark Federal License to Settle Trades Internally
- Mixed options sentiment in Coinbase with shares down 7.66%
- Crypto Currents: Robinhood crypto revenue collapses 47% in Q1
- Mixed options sentiment in Coinbase with shares down 2.35%
- Crypto Faces a Long-Term Quantum Threat as Industry Races to Upgrade Security