Superset, a digital asset firm supporting stablecoins, has raised $4 million in Seed funding.
Investors included 7RIDGE and Exponential Science Capital, according to a statement from the firm.
Superset is chaired by Charles McManus, co-founder and former CEO of ClearBank, who also participated in the round.
Superset offers a Unified Liquidity Execution layer for stablecoins, tokenized deposits, and onchain FX. The service is said to address persistent fragmentation in these sectors.
Neil Staunton, CEO and co-founder of Superset, says that stablecoins have emerged as a foundational infrastructure for payments and transfers, but the current structure impedes scale for institutional participants.
“Superset brings operational and capital efficiency to onchain markets by unifying liquidity into a single shared market. Instead of pre-funding every chain, liquidity providers can deploy capital once and access volume and yield wherever trading occurs.”
Superset stated that it is currently working with liquidity providers, stablecoin issuers, and wallets in preparation for its broader rollout