Jim Hiltner

co-founder, head of BD @superstateinc views are my own

[Gate Ventures @gate_ventures]

Gate Ventures Podcast | Episode 9
Topic: Moving Wall Street Onchain: Inside Superstate's $700T Bet

🌟Guest: Jim Hiltner, Co-founder of Superstate @SuperstateInc @HiltnerJim
🎤Host: Tiffany Chang, Gate Ventures @hella_tifficult

Wall Street runs on $700T of assets — and almost none of it settles onchain. Superstate is betting that the way to change that isn't wrapping securities in synthetic tokens, but making real, legally recognized equity live natively onchain.

Our guest Jim Hiltner, Co-founder of Superstate, joins us to unpack how Opening Bell, the Direct Issuance Program, and FundOS come together to rebuild capital-markets infrastructure from the ground up.
We'll cover:

🔹What makes Opening Bell shares legally real equity — and what that means for issuers
🔹Why tokenizing real securities is the only version institutions & regulators will accept
🔹How Direct Issuance changes the pitch to fundraising companies
🔹Bridging TradFi & DeFi — the same share settling onchain, serving as collateral, staying fully compliant
🔹What it takes to move names like Invesco & Coinbase from "interested" to live on FundOS
🔹Why this is about rebuilding capital-markets infrastructure, not just digitizing assets

July 15, 2026, 7 – 8 PM PST (UTC-8)
July 16, 2026,11 AM – 12 PM (GMT+8)

LIVE on Gate Ventures' X, Set your reminder 👇https://t.co/DxlV9ECWxs

[Robert Leshner @rleshner]

Legacy market infrastructure regularly fails in mostly-invisible ways.

Yesterday's trades are T+2, instead of the typical T+1, because there were **more errors than usual** 🤯

Frankly, we should be raising our expectations, and building error-free/resistant systems...

[Superstate @SuperstateInc]

Congrats to @InvescoUS on filing for the Invesco Stablecoin Reserves Onchain Fund.

We’re excited that Superstate is named as sub-transfer agent, supporting blockchain-integrated recordkeeping for tokenized fund shares.

Looking forward to what’s ahead!

[Bitwise @Bitwise]

How early are we in tokenization? Go to a World Cup match, stand on the pitch, and place a medium pizza box on the turf.

The field is the size of the U.S. stock market. The pizza box is how big tokenized stocks are today.

Early.

[Luigi D'Onorio DeMeo @luigidemeo]

Securities Finance is the way by which tokenizing equities can truly get pmf.

Aave v4 has the potential to rebuild the prime brokerage business

[Jim Hiltner @HiltnerJim]

Sellside banks have fully woken up to tokenization. Only a matter of time until the Buyside gets up the learning curve.

[Reid MacInnes Cuming @rmcuming]

We closed our pre-seed earlier this year, led by @BainCapCrypto and @ParaFi, with @Nascent, @RobotVentures, @ChapterOne, and Consonant Ventures.

Grateful for partners who saw the thesis early. Thank you @stefancoh @pchopra28 Ben Forman @joshsolesbury @delitzer @JackSimison @rleshner @jmj Eric Rubin and Christopher Chang, Don Ho and @LightyearHQ @georgexzeng Nico Chinot @HiltnerJim @AustinLDiamond

[Jim Hiltner @HiltnerJim]

Congrats @rmcuming and team on coming out of stealth. Excited to see Ground unlock opportunities for onchain finance into traditional distribution channels.

[Ground @ground_onchain]

Introducing Ground, the Money Infrastructure Company, supercharging banking and finance.

We have been quiet, building with design partners. Today, we launched out of stealth, alongside a $3.6 million pre-seed funding round, to embed onchain finance everywhere, starting with yield.

Ground turns any stablecoin or cash balance into a yield-bearing balance through one API. One integration provisions wallets, deploys into configurable on-chain yield sources, and emits ledger-ready accounting your end-user UI and internal systems can use on day one.

The bar is fintech UX, not blockchain UX. Yield should feel like a native balance feature, not a gas-and-retries engineering project. You pick allocations, set policies, and stay in control of funds. Ground hides blockchains and complex onchain mechanics.

Built for any financial platform or asset manager like neobanks, fintechs, corporate treasuries, and wealth managers. Founded by fintech and digital asset veterans from @stripe, @SuperstateInc, @hifibridge, and @compoundfinance. Backed by @BainCapCrypto, @paraficapital, @nascent , @robotventures, @chapterone, and Consonant Ventures.

- @rmcuming, CEO and @realsamyoon, CTO

[Jim Hiltner @HiltnerJim]

high single digit yield with daily liquidity, coming soon on FundOS

[Jim Hiltner @HiltnerJim]

if you put a token on top of the multi-layered intermediary-driven existing system, are you really giving the power to the people to have autonomy and control for their own assets?

[Jim Hiltner @HiltnerJim]

The amount of time wasted in vendor management processes cannot be overstated

[Superstate @SuperstateInc]

1/ Before an IPO can pop, someone has to build the market.

That’s the "underwriting" process.

On Episode 2 of The Pop, @rleshner sits down with Alaoui Zenere, Managing Director of Equity Capital Markets at @JPMorgan, to explore the underwriter’s role.

https://t.co/gKFFQzNUYD

[Robert Leshner @rleshner]

These IPO failures are the inevitable result of third-party platforms trying to "wrap" or "middleman" securities, instead of issuer-sponsored tokens.

When you see a Superstate token, you'll know its created by the company, and you'll know that it can actually deliver a promise

[Jim Hiltner @HiltnerJim]

what's been proven today is the insatiable demand for US capital markets from offshore exchanges, and that there's a better way to plug directly into the system to get access.

[Jim Hiltner @HiltnerJim]

As much as capital markets have the opportunity to completely modernize its infrastructure, remarkable to witness the biggest IPO of all time go off seemingly without a hitch.

[Jim Hiltner @HiltnerJim]

Still not letting her win, even though it’s her birthday.

[Superstate @SuperstateInc]

USCC is now the @Bitwise Crypto Carry Fund.

Bitwise manages the strategy. Superstate powers the rails.

$260M+ in assets. 100+ institutional investors. $120M+ used as onchain collateral.

Superstate FundOS is bringing asset management onchain.

[Superstate @SuperstateInc]

1/ Your IPO deep dive starts now.

The debut episode of The Pop goes backstage on a process most people only see at the finish: how a company goes public.

@JoeRBLT, CEO of @RBLTSecurities, walks through the journey from decision to day one of trading.

https://t.co/uYQJRh0lAT

[Sonya Kim @sonyasunkim]

Congrats to the Bitwise team on USCC

More DeFi composability coming soon 👀

[Jim Hiltner @HiltnerJim]

trading boomer tech stocks is the new pump fun