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Superset Secures TradFi Backing to Bring Stablecoin FX Onchain

Project is backed by former ClearBank CEO Charles McManus and 7RIDGE

February 11, 2026 8:00 AM
EDT
(EZ Newswire)
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Source: Superset (EZ Newswire)
Source: Superset (EZ Newswire)

Superset, the Unified Liquidity Execution layer for stablecoins, tokenized deposits, and onchain FX, today announced the close of its $4 million seed funding round, with lead participation from 7RIDGE and Exponential Science Capital. The investment marks the first time 7RIDGE has backed a pre-revenue protocol, reflecting growing conviction that stablecoin and onchain FX infrastructure is reaching an institutional inflection point.

Stablecoins and tokenized deposits are increasingly used across payments, trading, and treasury operations, but liquidity still remains fragmented across blockchains. As a result, markets suffer from higher slippage, inefficient capital deployment and significant operational overhead. Superset introduces a first-of-its-kind execution primitive that virtualizes liquidity across chains, coordinating pricing, risk, and liquidity from a single source of truth. This architecture allows the same liquidity to be accessible across every chain simultaneously, delivering consistent pricing and highly efficient use of capital. 

“Stablecoins have emerged as the foundational infrastructure for modern global finance, but the way liquidity is managed today can’t scale on an institutional level,” said Neil Staunton, CEO and co-founder of Superset. “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 unlocks a broader set of participants in onchain liquidity markets. Liquidity providers can earn yield across aggregated, cross-chain volume rather than isolated pools, while treasuries with lower risk appetites can participate through single-sided positions without impermanent loss. Traders benefit from consistent execution across chains, and stablecoin issuers can expand to new networks without fragmenting liquidity.

Superset is chaired by Charles McManus, co-founder and former CEO of ClearBank, who also participated in the seed round. McManus brings decades of experience building and operating regulated financial infrastructure, reinforcing Superset’s focus on institution-grade market design. 

“Onchain markets won’t reach institutional scale unless liquidity becomes more efficient, transparent, and predictable,” said McManus. “Superset is addressing one of the hardest infrastructure challenges in onchain finance in a way that reflects how real FX and payments markets actually function.”

Superset is currently working with liquidity providers, market makers, stablecoin issuers, aggregators, and wallets in preparation for its broader rollout. To learn more, visit superset.finance.

About Superset

Superset is the Unified Liquidity Execution layer for the stablecoin economy. The protocol consolidates fragmented stablecoin, tokenized deposits, and tokenized FX liquidity into a single market, accessible across every blockchain. It delivers institutional-grade execution at scale, predictable pricing, and seamless cross-chain settlement. One liquidity layer. Every chain. For more information, visit superset.finance.

About Bitwire

Bitwire was created by Melrose PR, a leading onchain communications agency. Since 2016, Melrose has worked with many of the top businesses in the blockchain space. Melrose craved a better tool for publishing announcements and built Bitwire out of frustration with the legacy newswires. Bitwire is a curated press release distribution tool — a modern spin on an outdated business model. We have differentiated ourselves by offering transparent pricing and high-quality distribution to only the most reputable publishers. We’re pretty proud of our user experience too. For more information, visit www.bitwire.com.

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