Superstate Integrates Chainlink for USTB Tokenized Fund On-Chain Data

Aug 12, 2024, 04:11 PM

Superstate, an asset management firm founded by Robert Leshner, has integrated Chainlink's infrastructure to enhance the transparency and utility of its USTB tokenized treasury fund. By leveraging Chainlink Data Feeds and soon Proof of Reserve, Superstate aims to bring critical Net Asset Value (NAV) and Assets Under Management (AUM) data on-chain. This integration is expected to improve the fund's composability within decentralized finance (DeFi) markets, such as lending markets, by enabling accurate market pricing and secure asset verification.