Spark Invests $100 Million in Superstate’s Crypto Fund to Diversify Amid Low Yields

Decentralized finance platform Spark has invested $100 million from its reserves into Superstate’s USCC Crypto Carry Fund, aiming to diversify income streams amid declining U.S. Treasury yields. This strategic move signals a shift towards uncorrelated crypto-based opportunities for the platform, potentially impacting assets like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and XRP.