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James Seyffart: Bitwise announces partnership for first tokenized fund
James Seyffart, industry influencer, reports that Bitwise is partnering with superstate, a platform led by Robert Leshner, to launch its first tokenized fund.
This collaboration marks Bitwise's entry into the tokenized fund space and highlights growing interest in digital assets and blockchain technology.
Earlier this year, State Street filed to add a mutual fund share class to its S&P 500 ETF, a move described by Seyffart as part of ongoing product innovation in U.S. markets (State Street mutual share class). Seyffart has also noted that announcements of institutional adoption in crypto now tend to receive muted reactions from markets (institutional reaction trends). The Bitwise-superstate partnership arrives as digital asset initiatives continue to develop.
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