# Superstate Direct Issuance Programs

> Superstate introduces a capital formation platform for public companies to raise funds by offering tokenized shares on Ethereum.

**Published by:** [ETH Daily](https://ethdaily.io/)
**Published on:** 2025-12-11
**Categories:** news, 2025, december2025
**URL:** https://ethdaily.io/840

## Content

Quick TakeSuperstate Direct Issuance Programs. Celo activates OP Succinct Lite.Gauntlet USDC Alpha vault.Deutsche Bank report on ZK.Superstate Direct Issuance ProgramsListen to this episode from Ethereum News on Spotify. Superstate introduces Direct Issuance Programs. Celo activates OP Succinct Lite. Gauntlet supports Ethereum on its USDC Vault. And Deutsche Bank publishes a report on ZK for institutions. Read more: https://ethdaily.io/840 Sponsor: Arkiv is an Ethereum-aligned data layer for Web3.https://spotify.comSponsored byarkiv.network/dailyArkiv is an Ethereum-aligned data layer for Web3. Arkiv brings the familiar concept of a traditional Web2 database into the Web3 ecosystem. Find out more at Arkiv.networkSuperstate Direct Issuance ProgramsSuperstate introduced Direct Issuance Programs (DIPs), a new platform for capital formation by using tokenized shares on Ethereum. The platform allows SEC-registered public companies to issue new stock directly to eligible global investors, bypassing traditional broker-dealers, significantly reducing underwriting and distribution costs. Investors can purchase shares using stablecoins. Superstate's transfer-agent infrastructure updates a shareholder registry in real time. The system grants issuers greater control over pricing, timing, and offering size, and provides immediate access to capital. The first offerings are anticipated to go live in 2026. Superstate is a tokenized fund focused on RWA with over $1b in AUM.Celo Activates OP Succinct LiteCelo successfully activated its Jello hardfork, bringing OP Succinct Lite on Celo mainnet. The activation transitions Celo into a production-ready ZK fault-proof rollup. OP Succinct Lite is a simplified version of the OP Succinct for integrating Zero-Knowledge Proofs on OP Stack rollups. Celo is the first chain to fully implement OP Succinct Lite. The upgrade also introduces a Challenger Set to monitor proposer behavior. The set initially consists of five independent ecosystem challengers and one challenger operated by cLabs. Celo has over 700k users on the network and over $200 million in stablecoin TVL.Gauntlet USDC Vault Supports EthereumGauntlet expanded the cross-chain supply options for its Gauntlet USD Alpha ($gtUSDa) stablecoin yield product, now supporting USDC supply from Ethereum mainnet in addition to Base, Arbitrum, and Optimism. The strategy, which aims for a sustainable, risk-adjusted yield, automatically rebalances capital across Morpho vaults. The Alpha vault leverages Gauntlet's optimisation engine and will combine both variable-rate and fixed-rate yield opportunities in a future update.Other NewsNethermind x Deutsche ZK reportLido stRATEGY hits 30k ETHZeroHash supports stablecoin depositsFed cuts rates by 25bpsEigen Alt-DA frameworkPeerDAS testing widgetProtocol Guild Twitter ListThoughts on bug bounty payoutsAave v3.6 coming soonArbitrum DRIP epoch 8WaterDAO live on ArbitrumVitalik praises FileverseHayden on hostile former SECDisclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.

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