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Provider profile · 2026 edition

Superstate review 2026: scores, fees and alternatives.

Superstate tokenises funds and listed company shares on Ethereum and Solana, with an SEC-registered transfer agent and an SEC-registered investment adviser in its group.

Research by Buckingham Intelligence, the research unit of Buckingham Capital Consulting · Facts read 26 October 2026 · Dated copies of source pages kept · Method
2.8 / 5Buckingham Intelligence score
0Awards 2026
1Index
7 of 13Rank, Tokenisation Index

Short answer.

Superstate scores 2.8 out of 5 (55 out of 100) in the Buckingham Intelligence Tokenisation Index 2026 and ranks 7 of 13. It is strongest for asset managers and listed companies tokenising funds or shares on public networks, and its best criterion is regulatory standing at 4 out of 5. Not published or not stated on the pages read: pricing, distribution and trading and track record.

Awards and scores.

Scores from the Tokenisation Index 2026.

Tokenisation Index

2.8 / 555 out of 100 · rank 7 of 13

No award in the Tokenisation Index 2026.

SegmentScore out of 100Rank
For asset managers595 of 13
For banks and market infrastructure585 of 13
For issuers of private and real assets478 of 13

The score out of 5 is the overall score out of 100 divided by 20. Leader goes to the top three overall, Best for to the first in each segment, and Top rated for to a score of 5 out of 5 on a criterion. Awards cannot be bought.

Strengths and watch-outs.

Where it scores best, and where to check closely, as shown in each ranking.

Strongest for

Asset managers and listed companies tokenising funds or shares on public networks.

  • Regulatory standing (4/5). SEC-registered transfer agent and investment adviser; no trading licence.
  • Distribution and trading (4/5). Direct issuance and on-chain trading; no registered venue.
Watch out for
  • Published pricing (0/5). Not published on the pages read.
  • Networks and standards (1/5). Two networks named.

Published facts.

What Superstate publishes on its own pages, read on 26 October 2026.

Superstate tokenises funds and listed company shares on Ethereum and Solana, with an SEC-registered transfer agent and an SEC-registered investment adviser in its group. It names fund partners such as Invesco and Bitwise. It does not publish prices, a trading licence or tokenised value.

FactWhat the provider publishes
Asset coverageFunds ("private funds, mutual funds"), including Invesco Short Duration US Government Securities Fund and Bitwise Crypto Carry Fund, and tokenised company shares through Opening Bell.
PricingNot published on the pages read.
Regulatory standing"Superstate Services LLC is a registered transfer agent with the SEC." "Superstate Advisers LLC is a registered investment adviser under the Investment Advisers Act of 1940."
Distribution and trading"Direct Issuance Program" for companies to raise capital; "24/7 onchain decentralized trading" and peer-to-peer transfer. No registered trading venue stated.
Networks and standards"Tokenize stock and raise capital on Ethereum and Solana."
Track recordNamed funds from Invesco and Bitwise. No tokenised value published.
Date read26 October 2026

Not published or not stated by Superstate

  • Pricing. Not published on the pages read.
  • Distribution and trading. No registered trading venue stated.
  • Track record. No tokenised value published.

A fact that is not published is scored as not offered or, for a fee, as if it were high. It is never estimated.

Facts read on 26 October 2026 from: superstate.com.

Criterion scores.

Each score with the evidence behind it.

  • Asset coverage: 3/5. Funds and listed shares published.
  • Published pricing: 0/5. Not published on the pages read.
  • Regulatory standing: 4/5. SEC-registered transfer agent and investment adviser; no trading licence.
  • Distribution and trading: 4/5. Direct issuance and on-chain trading; no registered venue.
  • Networks and standards: 1/5. Two networks named.
  • Track record: 3/5. Named fund partners; no tokenised value.

Each criterion is scored 0 to 5 against the best published offer in the Tokenisation Index. 0 means not offered or not published. How it is scored

Superstate alternatives.

The other providers in the same ranking, ordered by score.

ProviderScore out of 5RankStrongest for
Securitize4.21 of 13Asset managers tokenising funds for US and global investors
Taurus4.02 of 13Banks wanting tokenisation, custody and a regulated trading venue from one provider
Tokeny3.43 of 13Issuers and fund administrators wanting published monthly prices and an open token standard
InvestaX3.24 of 13Asian issuers and platforms needing a licensed market for tokenised funds
Bitbond3.05 of 13Banks and issuers wanting no-code token creation with per-token prices
Brickken2.96 of 13Smaller issuers wanting self-serve tokenisation with published prices
21X2.58 of 13Issuers and investors wanting a regulated EU venue for trading tokenised securities
Fireblocks2.59 of 13Institutions wanting to mint and hold tokens across many networks
Cashlink2.410 of 13European issuers and banks issuing securities under German electronic securities law
Obligate2.211 of 13Issuers of bonds and private credit seeking on-chain distribution under Swiss law
Kinexys by J.P. Morgan1.812 of 13Large institutions wanting tokenised funds and payments inside a global bank's network
Zoniqx1.813 of 13Real estate and private asset issuers wanting tokenisation with a distribution network

Full Tokenisation Index ranking

Superstate compared.

Side by side on every criterion, fact and award.

Head-to-head comparisons cover pairs within the top five of each ranking. Superstate is compared with its alternatives in the table above.

All comparisons

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