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Coinbase Asset Management Launches CUSHY With Tokenized Share Structure
Coinbase Asset Management launched CUSHY, a digital credit strategy with a tokenized shareclass structure. The strategy targets on-chain highly liquid public credit assets, structured private credit for digital-native and traditional borrowers, and yield sources that combine tokenization with protocol incentives. Built on Superstate’s FundOS platform, CUSHY puts fund shares on-chain, supports 24/7 trading, and can operate across Ethereum, Solana, and Base.