Thursday, July 16, 2026

Superstate's Tokenized Funds and Stock Cross $17M in Active Collateral on Kamino

Superstate's July 16 case study shows $17M+ of tokenized USCC and FWDI active as borrowable collateral on Kamino Finance, Solana's largest lending protocol.

  • Superstate has successfully deployed over $17 million in tokenized assets, including the Bitwise Crypto Carry Fund (USCC) and tokenized Forward Industries equity (FWDI), as collateral on Solana's Kamino Finance.
  • These tokenized assets allow holders to borrow stablecoins (USDC and CASH) against their positions while retaining exposure to the underlying assets, demonstrating a practical use case for RWAs in DeFi.
  • The article highlights Solana's robust stablecoin market and the significant potential for RWA tokenization, referencing the vast global fund market and the growing volume of tokenized equities on Solana.

Topics: Asset types, Institutional adoption, Integration with defi, Alternative assets, Asset manager initiatives, Rwa collateral lending

Tags: #superstate #kaminofinance #tokenizedequity #uscc #fwdi #solana #deficollateral #onchainownership #bitwisecryptocarryfund #forwardindustries

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