According to Odaily, blockchain asset management company Superstate has announced the launch of its second investment product, the Superstate Crypto Carry Fund (USCC). USCC is a private tokenized fund designed to offer compliant and convenient crypto 'cash-and-carry' trading for qualified purchasers. The ownership of USCC is represented in both tokenized and non-tokenized shares.
The strategy of USCC leverages the price differences between the spot and futures markets of Bitcoin and Ethereum to optimize the portfolio's returns and risks. This includes fundamental opportunities, staking, and U.S. Treasury investments relative to the Federal Funds Rate. By offering the option to issue USCC as an ERC-20 token on the Ethereum blockchain, the fund will enable qualified investors to use it as collateral or for settlement in the future, thereby enhancing its utility.