Ep. 689 Tokenization & How Institutions are Looking at Altcoins with Superstate's Jim Hiltner

Nov 7, 2025

Jim Hiltner, Chief Business Officer and co-founder of SuperState, shares insights on how tokenization is reshaping finance by linking traditional assets with blockchain. He discusses SuperState’s impressive $1.5 billion AUM and how institutions are slowly adopting these technologies. The conversation dives into macroeconomic factors affecting crypto, the contrasting fate of altcoins versus major assets like Bitcoin, and the advantages of tokenization for self-custody and efficiency in financial markets.

54:02

forum

Ask episode

web_stories

AI Snips

view_agenda

Chapters

menu_book

Books

auto_awesome

Transcript

info_circle

Episode notes

question_answer

ANECDOTE

From Citi To Compound To SuperState

Jim moved from Citi to Compound Treasury and helped run a $600M product before founding SuperState.
He used that DeFi experience to build tokenized funds and bridge TradFi assets on-chain.

insights

INSIGHT

Tokenization Unlocks On‑Chain Utility

Tokenization merges traditional financial assets with blockchain programmability to enable new use cases.
SuperState tokenizes funds so investors can use shares on-chain 24/7 in DeFi apps.

question_answer

ANECDOTE

Growth To $1.5B And Opening Bell Launch

SuperState grew to about $1.5B AUM across a money market and a carry fund.
They also launched Opening Bell to tokenise public company equity for on‑chain use.

Get the Snipd Podcast app to discover more snips from this episode

Jim's Background and Move from TradFi to DeFi

01:26 • 45sec

chevron_right

Why SuperState Started Tokenized Funds

SuperState's AUM, Products, and Opening Bell

09:03 • 2min

chevron_right

Market Volatility and Bitcoin's Recent Moves

10:46 • 5min

chevron_right

Impact of Geopolitics and Leverage on the Crash

15:47 • 5min

chevron_right

Does the Four-Year Bitcoin Cycle Still Matter?

20:41 • 3min

chevron_right

State of Altcoins Versus Majors

23:30 • 8min

chevron_right

How USTB Inflows Signal Market Sentiment

31:01 • 13sec

chevron_right

What Are USTB and USCC and How They Work

31:14 • 3min

chevron_right

Tokenized Shares in DeFi: Using Fund Tokens as Collateral

34:03 • 7min

chevron_right

Opening Bell: Tokenizing Public Company Shares

40:56 • 1min

chevron_right

Why Institutions Embrace Tokenization

42:16 • 7min

chevron_right

Is Institutionalization Killing Crypto's Revolutionary Spirit?

49:18 • 4min

chevron_right

How Rate Cuts Might Affect USTB and USCC

52:55 • 2min

chevron_right

Where to Follow SuperState and Closing Remarks

In "The Crypto Revolution," Bryce Paul provides a comprehensive guide to understanding and navigating the world of cryptocurrency. The book covers various aspects of the crypto market, from the basics of blockchain technology to advanced trading strategies. Paul's expertise shines through as he explains complex concepts in an accessible manner, making it suitable for both beginners and experienced investors. The book also delves into the potential of cryptocurrencies to disrupt traditional financial systems and explores the future of this rapidly evolving technology. Readers will gain valuable insights into the risks and rewards associated with crypto investments and learn how to make informed decisions in this dynamic market. Ultimately, the book empowers readers to participate confidently in the crypto revolution.

In this episode, Bryce and Brendan interview Jim Hiltner of SuperState, who explains how tokenization is redefining finance by merging traditional markets with blockchain infrastructure. He discusses the success of SuperState’s $1.5B in AUM across its tokenized funds and how institutions like BlackRock and Fidelity are beginning to integrate similar technology. The conversation covers macroeconomic uncertainty, the U.S.–China trade tensions, and why altcoins are lagging behind major assets like Bitcoin and Ethereum. Hiltner concludes that tokenization isn’t killing crypto’s revolutionary spirit—it’s empowering individuals to control their assets 24/7 while preparing traditional finance for an on-chain future.

Momentum Money Makers VIP

www.cryptorevolution.com/memecoins?utm_source=Internal&utm_medium=Podcast&utm_content=MMVIP&utm_term=Description

Efani Sim Swap Protection: Get $99 Off: http://efani.com/crypto101

Check out TruDiagnostic and use my code CRYPTO101 for a great deal: https://www.trudiagnostic.com

Check out Gemini Exchange: https://gemini.com/card

The Gemini Credit Card is issued by WebBank. In order to qualify for the $200 crypto intro bonus, you must spend $3,000 in your first 90 days. Terms Apply. Some exclusions apply to instant rewards in which rewards are deposited when the transaction posts. This content is not investment advice and trading crypto involves risk. For more details on rates, fees, and other cost information, see Rates & Fees. The Gemini Credit Card may not be used to make gambling-related purchases.

Check out Plus500: https://plus500.com

Get immediate access to my entire crypto portfolio for just $1.00 today!

https://www.crypto101insider.com/cryptnation-directm6pypcy1?utm_source=Internal&utm_medium=YouTube&utm_content=Podcast&utm_term=Description

Get your FREE copy of "Crypto Revolution" and start making big profits from buying, selling, and trading cryptocurrency today:

http://www.cryptorevolution.com/free?utm_source=Internal&utm_medium=YouTube&utm_content=Podcast&utm_term=Description

Chapters

00:00 — Intro

03:14 — Jim’s background: from CitiBank to Compound Treasury and launching SuperState.

06:56 — Overview of SuperState’s funds (USTB & USCC) and the rise of tokenized assets.

09:22 — Macro discussion: Fed rate cuts, inflation trends, and gold vs. Bitcoin performance.

14:51 — U.S.–China tariff tension and crypto market reaction to geopolitical shocks.

18:11 — The U.S. government shutdown’s impact on regulation and SEC progress.

22:12 — The state of altcoins and why institutional investors focus on majors like BTC, ETH, and SOL.

28:48 — Deep dive into USTB and USCC fund mechanics and yields.

37:01 — Opening Bell initiative: tokenizing public equities and transforming traditional markets.

47:04 — Debate on whether crypto’s revolutionary ethos is fading or evolving through tokenization.

MERCH STORE

https://cryptorevolutionmerch.com/

Subscribe to YouTube for Exclusive Content:

https://www.youtube.com/@crypto101podcast?sub_confirmation=1

https://twitter.com/Crypto101Pod

https://instagram.com/crypto_101

Guest Links

https://superstate.com/

*This is NOT financial, tax, or legal advice*

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

Fog by DIZARO https://soundcloud.com/dizarofr

Creative Commons — Attribution-NoDerivs 3.0 Unported — CC BY-ND 3.0

Free Download / Stream: http://bit.ly/Fog-DIZARO

Music promoted by Audio Library https://youtu.be/lAfbjt_rmE8

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

Our Sponsors:
* Check out Gemini Exchange: https://gemini.com/card
* Check out Plus500: https://plus500.com
* Check out Plus500: https://plus500.com
* Check out TruDiagnostic and use my code CRYPTO101 for a great deal: https://www.trudiagnostic.com

Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

Home Top podcasts Popular guests Top books