Real-world asset tokenization firm Superstate, created by early DeFi founder Robert Leshner, announced today, Dec. 10, that it will let public U.S. companies issue new shares on blockchain, expanding beyond moving existing equity on-chain.

In a press release shared with The Defiant, the company said that using Superstate’s new platform, Securities and Exchange Commission-registered public companies can now run what it calls “Direct Issuance Programs” on Ethereum and Solana — similar to a direct listing of the company’s stock, only on-chain. This means eligible investors will soon be able to buy newly issued, SEC-registered tokenized shares with USDC, with support for more fiat-backed stablecoins expected in the future.

The move builds on Superstate’s work with crypto investment management firm Galaxy Digital earlier this year, when Galaxy tokenized its existing SEC-registered shares on Solana. The initiative showed that a public company can track ownership while letting shares move between verified wallets on-chain.

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